Restructuring Project Financings

Learn how to identify why projects fail, understand the different aims and objectives of the stakeholders and equip yourself with the tools and knowledge to achieve a successful restructuring

This course is designed to help participants with only a basic prior knowledge of project finance to develop sufficient understanding of how projects are structured and why they can fail so as to enable them to work with confidence on potential default scenarios and on any subsequent project finance restructuring.

All participants will receive a package of pre-course material refreshing the fundamentals of project finance, together with a copy of our comprehensive Project Finance Glossary.

The course itself comprises a series of trainer-led sessions designed to deliver a “toolkit” applicable to any project which is under stress and/or might require restructuring.  In the second half of the course, the participants will work through specifically tailored case studies from relevant industry sectors, allowing the participants to apply the toolkit skills in a realistic environment.

On completion of the course, participants will be equipped with a clear understanding of:

  • What makes project finance different and levels of loss given default in project financing
  • Why projects fail and the classic approaches to mitigating project risks
  • The objectives of stakeholders of a project under stress and how their actions may be constrained by general law or contract
  • The restructuring options available in a project context
  • The restructuring process itself, including restructuring triggers, creditor coordination, standstill ageements and restructuring negotiations

The course is led by one of our project finance practitioner trainers, who will be assisted by a second trainer during the case studies, lending additional transactional experience.