Australiawide Finance’s Post

Senior Managing Director Anuj Bhartiya spoke with Mark Druskoff of Hart Energy’s Oil and Gas Investor about the effectiveness of the ABS market for issuers in managing commodity price volatility, tapping new sources of capital, and supporting acquisition financing. Read the article: https://lnkd.in/dmEnvZ-s Learn more about the transactions that we advise on and underwrite: https://lnkd.in/dHE2cQq2

5Q is pleased to profile the latest episode of the Trevor Rose Podcasts , featuring an interview with our long-time friend and colleague, Geri Greenall, CFA, ICD.D, COO of Cascade Trading. Geri provides valuable insights into private equity, commodity trading, and junior E&P companies, drawing on her extensive expertise in these areas. Don’t miss her expert analysis and perspectives on these critical industry topics.   Follow the link below to expand your understanding!   #CommodityTrading #PrivateEquity #EnergySector #BusinessInsights

Green or not, it is a tough time for refiners. Especially for Neste, whose renewable product sales margin has hit a rock bottom with a rare negative net income of €-144m. The question remains if there is a silver lining or not? Read what our energy analyst has to say on the topic by clicking on- https://lnkd.in/ekr6AYG #energy #equity

Discount Watch: Three trusts trading at over a 60% discount 📉 Interest rate-sensitive sectors such as renewables, equity income and UK smaller companies all feature heavily in the list of 32 trusts. Is the prospect of interest rate cut delays weighing on sentiment? 🤔 Frank Buhagiar has the full breakdown here. #InvestmentTrust #Discount #InterestRates

kWh Analytics Pioneers First-of-its-Kind #Parametric Wind Proxy Hedge for Greenbacker with Munich Re, MUFG This innovative financial structure included the use of a wind proxy hedge, provided by global reinsurer MunichRe, advised by kWh Analytics, and utilizing the kWh Analytics Indifference Structure for debt sizing. This implementation marks the first time a parametric wind hedge has been paired with the kWh Analytics Indifference Structure to reduce equity requirements for a project sponsor. The structure’s implementation enabled the project sponsor to raise roughly 20% more debt capital for this project, led by MUFG https://lnkd.in/eX2Ft8K6

We represented the underwriters, led by BofA Securities, Inc., BMO Capital Markets Crop. MUFG Securities Americas Inc., and RBC Capital Markets, LLC, in connection with Kinder Morgan, Inc.’s (KMI) USD1.25 billion notes offering. KMI is one of the largest energy infrastructure companies in North America and owns an interest in or operates approximately 82,000 miles of pipelines, 140 terminals, 700 billion Bcf of working natural gas storage capacity, and 5.4 Bcf per year of renewable natural gas generation capacity. The net proceeds from the offering are being used for general corporate purposes, including repayment of commercial paper borrowings and refinancing upcoming debt maturities. Our team was led by partners Taylor Landry and Bill Nelson and associates Ekaterina Bogdanov, Cristina Palma, and Daniel K.. Other attorneys involved in the transaction are partners Larry Crouch, Jennifer Morton, Chip Cannon, and Jason Pratt with counsel Porter Wiseman and associates Taylor Pugliese and Andrew Meiser. Read more on the transaction here: https://lnkd.in/e-AAkXUy #AOShearman

Before you dive into the sea of investments, always do your due diligence. Whether it’s oil and gas or any other industry, thorough research is your compass to navigate risks and identify potential rewards. Stay informed, stay successful! Interview with Andy Hagan from the WealthChannel #InvestmentWisdom #DueDiligence #SmartInvesting

The recent >20-point price plummet of Chinese developer Radiance’s sole outstanding offshore USD notes $300M 7.8% Due’24s has sparked concerns surrounding a potential liability management exercise. Reorg’s analysis delves into the company’s asset base and highlights that the company’s seemingly lack of offshore assets could limit downside protection for its USD noteholders. Investors may have to turn to the company’s onshore assets, specifically its unsold land bank which is 68.5%-concentrated in tier 2 cities as of Mar’23, as potential credit enhancement options in a downside scenario. In the high 50s, at least a three-year term out has been priced in under certain assumptions. https://ow.ly/7n5C50QxKrX #distresseddebt #distresseddebtanalysis #creditintelligence

Independent oil and gas producers increasingly turn to asset-backed securities (ABS) as a strategic financing tool amid economic volatility and limited traditional financing options. Read about how asset-backed securitization can reshape your financial strategy. https://bit.ly/3V4pWgF #OilAndGas #Finance #AssetBackedSecurity

Financial Ingenuity and Sources of Redemption: AGEL's redemption plan incorporates a multifaceted financial strategy, utilizing various sources: 1. Amounts from Reserve Accounts and Internal Accruals: A significant portion of $169 million encompasses the debt service reserve account, hedge reserves, and interest on reserve account, showcasing AGEL's meticulous financial planning. 2. TotalEnergies 1,050 MW JV Consideration: A substantial $300 million stems from a successful transaction that closed on December 26, 2023. The funds lie securely in the senior debt redemption account (SDRA) of the Holdco notes, adding a layer of financial robustness. 3. Proceeds from Initial Tranche of Promoter Preferential Allotment: An anticipated $281 million (equivalent to Rs 2,338 crores) is expected by the end of January 2024. These funds are earmarked for deposit into the SDRA of the Holdco notes, further solidifying AGEL's financial position. Strategic Capital Raise and Commitment to Long-Term Goals: AGEL accomplished this redemption plan through a robust $1.425 billion capital raise. This comprised $1.125 billion from preferential issuance by promoters and $300 million from the TotalEnergies joint venture, emphasizing the deep interest of long-term investors and strategic partners. AGEL's visionary approach aligns with its commitment to achieving a 45 GW target by 2030. The company's leadership underscores the unwavering promoter commitment to meeting strategic priorities. #AGEL #RenewableEnergy #FinancialInnovation #SustainableFuture