Structured & Corporate Finance
From best-in-class financial solutions and risk management expertise to customised funding solutions, we offer a comprehensive range of products and services to corporations in diverse sectors to meet your firm’s evolving financing needs.
Structured Finance is a dedicated global business line with teams in Paris, New York, London and Singapore. The Structured Finance team in Singapore capitalises on the group’s financial strength and global expertise to offer innovative financing solutions to corporates in Asia Pacific. With extensive sector and product expertise, underpinned by CIC’s strong balance sheet, the Structured Finance business is well positioned to provide long-term support to our clients with financial advice, best-in-class financing solutions, and risk management expertise. CIC offers a range of financing solutions to corporate clients in different sectors.
In an everchanging world, how do you stand the test of time?
CIC arranges and structures financing for major airlines and aircraft leasing companies in Asia Pacific. The team in Singapore has in-depth knowledge and expertise in all aspects of aviation financing and works closely with the Asset Finance & Securitisation team in Paris to provide our clients with a wide range of products and services. Our specialties include the following:
- Secured commercial debt in finance and operating leases
- Tax leases (French, Japanese and German)
Deal of the year award
Used Aircraft Deal of the Year 2015, AirFinance Journal Awards
In December 2015, CIC closed a USD 160 million refinancing deal of used aircrafts on lease to Korean Airlines Co. This transaction involves a total of 10 used aircrafts of which 5 have been financed by CIC since 2012.
Shipping & Offshore Finance
CIC specialises in the financing of shipping and offshore assets and container boxes, providing senior secured debt, limited and non-resource financing and French tax leases. Leveraging on the experience and global expertise of the Asset Finance & Securitisation team in Paris, the Shipping desk in Singapore started in 2003, covering the Asia Pacific region in key active markets such as Singapore, China, Hong Kong, Malaysia, Korea and Japan.
CIC participates in the financing of the following industrial vessels and shipping-related equipment:
- container ships
- crude tankers
- product tankers
- dry bulk carriers
- LPG carriers
- pure car carriers
- container boxes
- tank containers
The bank also finances the purchase of offshore energy assets:
- LNG carriers
- shuttle tankers
- drill ships
- jack-up drilling rigs
- FPSO (floating production storage and offloading) vessels
- seismic vessels
Deal of the year award
Marine Money Deal of the Year 2015
In 2015, CIC was awarded the Marine Money Deal of the Year for Project Financing- East, for a $360 million non-recourse financing of BW Pavilion LNG carriers. This is a post-delivery non-recourse financing of 2 liquefied natural gas (LNG) carriers owned by BW Pavilion, a joint venture of the BW Group and Pavilion Energy. The BW group is a dominant shipping group in the tanker, gas and offshore markets, managing a fleet of 150 vessels. Pavilion Energy is a Temasek portfolio company that was incorporated to meet the region's growing demand for clean and reliable energy. The transaction is structured around back-to-back charters to UNIPEC followed by a long-term charter to Pavilion Gas, the gas business of Pavilion Energy.
CIC originates, structures and provides financing solutions for project finance transactions globally. Working in close collaboration with the Project Finance team in Paris, the team in Singapore has been actively involved in major project finance transactions in Asia-Pacific since 1995.
CIC supports large-scale project financing by offering its global financing expertise, capital markets capabilities, and industry sector knowledge. We arrange and participate in tailor-made limited recourse financing structures and offer competitive long-term funding solutions in sectors including:
- Natural resources (oil & gas, petrochemicals)
- Power (thermal & renewable energy)
- Infrastructure (roads, rail, airports, water, etc)
The largest project finance arranged in Australia provided by a combination of export credit agencies and banks.
The largest project finance for an emerging market country arranged during the global financial crisis.
Hornsdale Wind Farm
A greenfield windfarm funded by a long-term bank debt.
WestConnex M5 East Motorway
A unique toll road project with lenders taking traffic risk at a time where Government support for traffic risks is a pre-requisite for limited recourse project financings of infrastructure projects.
Limited recourse financing to the second largest gateway to Australia, funded by debt capital market and bank loans.
Aquasure Desalination Plant
A debt financing project which received more than 12 international awards, including the Financial Excellence Award and Desalination Plant of the Year award from Global Water Award.
The Acquisition Finance team in Singapore started in 2003 and is part of a global team with offices in Paris, New York, London and Singapore. CIC offers strategic solutions and financing to companies with business plans to make an acquisition, effect a buy-out or to finance a dividend recapitalisation.
Our clients are mainly corporates looking to acquire a target company and financial sponsors planning to acquire a controlling interest in a business. The Acquisition Finance team provides competitive event-driven financing and highly structured acquisition financing with the following expertise:
- syndicated Buy-Outs
- senior debt
- mezzanine financing
Deal of the year award
Best Telecom Deal of the Year, The Asset Triple A, Asia Infrastructure Awards 2016.
CIC was a co-arranger of a highly successful transaction; A$1.96 billion syndicated loan facilities to finance the merger of TPG Telecom with iiNet in August 2015. This was a multi-tranche and stand-by bridge facility which created the merged entity and Australia’s second largest internet service provider.
Real Estate Finance
CIC provides financing to top-tier real estate companies in Singapore, Hong Kong and Australia to support their business plans and expansion. The Real Estate finance team in Singapore provides our clients with competitively-priced financing solutions to fund their commercial and retail real estate acquisitions and investments.
- Competitive rates
- Unsecured financing
- Financing secured against asset
CIC Singapore began its corporate financing activities in the Asia Pacific region since the inception of the Singapore Branch in 1984. The bank adopts a client-centric business model that provides customised and innovative solutions to meet our clients’ financing and investment needs. Supported by our bank’s financial stability and strong balance sheet, we strive to build long-term relationships with our clients by providing holistic and tailor-made financing solutions, along with a wide range of product offerings to meet the evolving needs of our clients.
Our key clients are Multi-National Corporations (MNCs) with established operations in Asia and Large Regional Asian Corporates.
Multi-National Corporations (MNCs):
Leveraging on our Bank’s strong presence in Europe and international network of offices, CIC Singapore supports clients from Europe and United States with established presence in Asia Pacific and provides financial and advisory services to support their investment and trade activities in this region
Large Regional Asian Corporates:
Similarly, CIC supports large regional Asian conglomerates and provides financial and advisory services to support their business plans to invest in Europe and other regions globally
Key offerings & services:
- Financing solutions – terms loans, revolving credit facilities, debt capital market instruments, and structured loans
- Risk solutions – treasury products such as foreign exchange and interest rate hedging
- Off balance sheet solutions – Issuance of bank guarantees, SBLCs, performance bonds, bid bonds, advance payment bonds
Interested to find out about the structured and corporate financing services we offer?
Our team will provide comprehensive financing solutions to meet the needs of your corporation, please use the contact form to get in touch with us to find out more about our services.