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By Nick Flitterman

Flitterman joins the Proximo weekly podcast for Satellite Finance Special

Flitterman joins the Proximo weekly podcast for Satellite Finance Special

Portland’s Head of Telecoms, Nick Flitterman, joined up with Berkeley Research’s Michael Whalen to chat with Tom Nelthorpe at Proximo Infra to discuss all things satellite finance for the Proximo weekly podcast. You can listen using the link below.

For further information, contact Nick at nick.flitterman@portlandadvisers.com or +44 7973 481330

https://www.proximoinfra.com/articles/7857/Satellite-finance-Learning-from-launch-failures

 

By Nick Flitterman

Portland Ranked Top Financial Advisor in 2016

Portland Top of the Charts

The league tables are out, and Portland Advisers has been confirmed by Infrastructure Journal as no.1 Financial Advisor by value in 2016 following a very successful year. This follows the closure of transactions such as Yamal LNG and OCTP, and confirms Portland’s well established position as a leading Financial Advisor in the key infrastructure sectors globally.

Further information can be found by clicking here.

 

 

 

By Nick Flitterman

Portland advises on $12bn project financing for Yamal LNG

Yamal LNG signs $12 billion Chinese loan deal

On 29 April 2016 the Yamal liquefied natural gas (LNG) project signed 15 year loan agreements with Export-Import Bank of China and the China Development Bank equivalent to $12 billion.

Portland advised the Chinese banks in relation to this financing.

The project has already secured state loans of 150 billion roubles ($2.3 billion) from Russia’s National Wealth Fund and $4 billion equivalent from Russian lenders Sberbank and Gazprombank.

Yamal LNG is a 16.5 mtpa LNG project located in Western Siberia, owned by Novatek OAO, (50.1%), Total SA (20%), CNPC (20%) and China’s Silk Road Fund (9.9%).

 

For more information, contact Geoff Knox on +44 20 7183 8387 or geoff.knox@portlandadvisers.com

 

By Nick Flitterman

More accolades for Portland’s Seabras-1 Financing

More accolades for Portland’s Seabras-1 Financing

Following the award earlier in the year from Global Trade Review, Portland’s financing of the Seabras-1 cable project was today awarded the  “Perfect 10 ECA Finance Deal of the Year” by the prominent international magazine Trade & Export Finance. This award is given to the world’s best projects in the export credit agency/project finance market.

The Perfect 10 Award is the second award this quarter to recognize Seabras-1 as the first export credit agency-backed project financing of a subsea cable project in the 160-year history of the global telecommunications industry.

For more information, contact Nick Flitterman on +44 20 7185 8385 or nick.flitterman@portlandadvisers.com

By Nick Flitterman

Portland’s Seabras-1 financing named “Best Deal of 2015”

Portland’s Seabras-1 financing named “Best deal of 2015”

Following the achievement of Financial Close late in 2015, the landmark nature of the transaction has now been recognised as the Seabras-1 cable project was awarded “Best Deal of 2015” by Global Trade Review. Seabras-1 is the first Export Credit Agency-backed project financing of a subsea cable project in the history of the global telecommunications industry.

For further information, contact Nick Flitterman on +44 20 7183 8385 or nick.flitterman@portlandadvisers.com

By Nick Flitterman

Portland closes $500m financing for Seaborn Networks

Portland closes $500m financing for Seaborn Networks

Nick Flitterman and James Benbow from Portland’s telecom team advised Seaborn Networks on the successful project financing for the new Seabras-1 subsea cable connecting New York and Sao Paolo. The senior debt will be guaranteed by the French Export Credit Agency, COFACE, and funded by a bank syndicate of Natixis, Santander, Commerzbank and Banco Intesa. Equity will be provided by Partners Group. The transaction is a landmark deal as the first ECA-backed project financing in over 10 years.

More about Seaborn and the Seabras-1 project can be found here on the company website, or visit our case study page here.

For further information contact Nick Flitterman on +44 20 7183 8385 or nick.flitterman@portlandadvisers.com

 

Portland Ranked Top Financial Advisor in 2016
Portland advises on $12bn project financing for Yamal LNG
More accolades for Portland’s Seabras-1 Financing
Portland’s Seabras-1 financing named “Best Deal of 2015”
Portland closes $500m financing for Seaborn Networks