Historically, funding in the project and infrastructure sector has been dominated bank loans. Since then, the project finance market has suffered major upheavals globally but project / infrastructure development and associated finance markets have consistently increased and are expected to grow more rapidly. This event will address the opportunities and challenges of project finance via bond, in particular the challenges of transplanting market practices. Attendees will gain valuable insights financial experts in structuring project finance bond.
Registration 3.30pm
4.00pm Welcome and Introduction
Harold Tjiptadjaja - Chief Investment Officer, PT Indonesia Infrastructure Finance
4.20pm Panel Discussion
Moderator: Luca Tonello, Deputy General Manager and Head of Project Finance, Investment Banking Department Asia, Sumitomo Mitsui Banking Corporation
Panellists: Tony Adams, Chief Investment Officer Infrastructure, Eastspring Investments
Emmanuel Arnould, Executive Director, Structured Finance, Debt Capital Markets, SMBC Nikko Capital Markets Limited
Boo Hock Khoo, Vice President - Operations, Credit Guarantee and Investment Facility (“CGIF”)
Timothy Hia, Finance Department Partner, Latham & Watkins
Harold Tjiptadjaja - Chief Investment Officer, PT Indonesia Infrastructure Finance
Challenges for traditional project finance and new opportunities offered by project bond:
- recent macroeconomic trends;
- advantages of project bond over traditional project financing.
Impact of project bond on traditional financing models:
- typical project bond structure models;
- project bond execution process.
Current project bond market dynamics in Southeast Asia (“SE Asia”) and in Indonesia in particular:
- leading countries in terms of project bond;
- Indonesian project bond market dynamics;
- investor base in SE Asia and in Indonesia.
Forward looking discussion:
- major gaps slowing down the development of project bond market;
- future trends of project bond market in Indonesia.
5.25pm Q&A Session
5.40pm Closing Remarks
Emmanuel Arnould, Executive Director, Structured Finance, Debt Capital Markets, SMBC Nikko Capital Markets Limited
5.55pm IPFA Update
Luca Tonello, Deputy General Manager and Head of Project Finance, Investment Banking Department Asia, Sumitomo Mitsui Banking Corporation; IPFA Asia Council Member
6.00pm Networking cocktail reception kindly hosted by SMBC
Please note all IPFA Events are held under Chatham House Rule.
