Newsletter 2023/4

AIL structured and successfully completed a tailor-made security package in favor of Stadler for cover of political and commercial risks relating to a large and long-term coaches procurement contract that Stadler signed at the end of 2022 with the state railway of Kazakhstan (KTZ) based on a successful tender.

Three years after the successful completion of a first financing of locomotives in Turkey, AIL has again supported Stadler in the structuring and arranging of a long-term SERV-supported financing of five EURODUAL locomotives for a private company in Turkey.

Please refer to our current newsletter for further detailed information about the recently closed Stadler transactions in Kazakhstan and Turkey.

Newsletter 2023/3

European Loc Pool (ELP) secured further senior debt financing to fund its impressive ever- and fast-growing locomotive portfolio: Swiss based full-service Rolling Stock Leasing company ELP has successfully closed and further increased the existing long-term syndicated credit facility by EUR 223 million to EUR 703 million for the purchase of additional Stadler Rail EuroDual and Euro9000 locomotives. As with the previous three successful financing rounds in 2020 and 2022, AIL acted as financial advisor to ELP.

The OECD recently announced a major reform package for the Arrangement on Officially Supported Export Credits, which is scheduled to enter into force on July 15th, 2023, with the main innovation being the possibility of longer repayment terms.

Please refer to our current newsletter for further detailed information about the additional long-term debt financing of ELP and the latest developments on the OECD Arrangement on Officially Supported Export Credits.

Newsletter 2023/2

Over the last few months the global geopolitical landscape has changed dramatically, not the least in relation to China. Tensions with the Western world are at an all-time high. Exporters with projects in and around China are afraid that future political developments might pose severe risks to them. With the support of AIL Structured Finance insurance packages can be put in place to counter and minimize these political risks.

Please refer to our actual newsletter for further detailed information about managing of political risks.

Newsletter 2023/1

European Loc Pool (ELP) secured further senior debt financing to fund its impressive constant growth: In the wake of an additional extension of its locomotive portfolio to a new total of 104 locomotives, Swiss based full-service locomotive leasing company ELP has successfully closed and further increased the existing long-term syndicated credit facility from EUR 420 million to EUR 480 million for the purchase of additional Stadler Rail EuroDual and Euro9000 locomotives. As with the previous two successful financing rounds in 2020 and early 2022, AIL acted again as financial advisor to ELP.

SERV and the latest developments in their supporting schemes: In light of the Covid-19 pandemic SERV adopted temporary measures to support Swiss exporters, which were enacted either by the Swiss Federal Council or by the OECD as regulator of the Arrangement on Officially Supported Export Credits. With the return to a certain normality, both the Swiss Federal Council and the OECD decided to review the measures and extend certain of them.

Please refer to our actual newsletter for further detailed information about the additional long-term debt financing of ELP and SERV’s latest developments in their supporting schemes.

Change in Executive Management of AIL Structured Finance AG

19 years after co-founding AILSF and as part of a carefully planned succession plan, the long-time CEO Urs Gerspacher has handed over the executive management functions of AILSF to Andres Heusser and Thomas Enz as of April 1, 2022.

Urs Gerspacher will remain at AILSF in an operational function and as member of the board of directors. He is looking forward to further develop the company together with its internal successors. Both, Andres Heusser and Thomas Enz, have been working at AILSF for more than 15 years and are, together with the entire AIL team, strongly committed to lead AILSF into a successful future.

Awards and Newsletter 2020/1

We are delighted to announce that the Energy from Waste project from our customer Hitachi Zosen Inova (“HZI”) in Istanbul has been recognized by the export and trade finance community with two awards, being “Best Deal of the Year” and “Environmental Enhancement ECA-backed Deal of the Year” in 2019. If you would like to read more, please download our newsletter 2020/01 under publications.

Newsletter 2019/1

We are pleased to publish our actual newsletter. You can download the newsletter under publications.

Cooperation Announcement

Eila Consulting Private Limited (India) and AIL Structured Finance Ltd, are pleased to announce their cooperation with each other. Please find more information here.

Newsletter 2018/2

We are pleased to publish our actual newsletter. You can download the newsletter under publications.

Newsletter 2018/1

We are pleased to publish our actual newsletter. You can download the newsletter under publications.

Newsletter 2023/4 (PDF)

• Closing of tailor-made security package for Stadler project in Kazakhstan
• Closing of another financing of Stadler locomotives for Turkey

Newsletter 2023/3 (PDF)

• Further senior debt financing secured by European Loc Pool (ELP) to fund ever-growing locomotive portfolio
• Recent trade and export insurance developments

Newsletter 2023/2 (PDF)

• Insuring newly emerged political risks for long-term export projects of Swiss exporters in China and Taiwan

Newsletter 2023/1 (PDF)

• European Loc Pool (ELP) secured further senior debt financing to funds its impressive constant growth
• SERV and the latest developments in their supporting schemes

Spotlight AILSF in the News (PDF)

• Cooperation Announcement Eila Consulting Private Limited and AIL Structured Finance Ltd
• Working Capital Financing as Competitive Advantage for Swiss Exporters
• AIL Structured Finance’s Services for Small and Medium-sized enterprises “SME”’s

Newsletter 2022/4 (PDF)

• Energy from Waste Facility Rivenhall, UK  Successful closing of long-term export financing for Hitachi Zosen Inova energy from waste project
• Structuring of a long-term security package for a Stadler Rail project as a reference case for risk mitigation in a Taiwanese project

Newsletter 2022/3 (PDF)

• Closing of tailor-made payment security for Stadler Rail project Arriva-Limburg
• The actual impact of export credit agencies on the world’s trade

Newsletter 2022/2 (PDF)

• European Loc Pool secured additional senior debt financing to fund its future growth
• Xport Finance Ltd – 5 years achieved!

Newsletter 2022/1 (PDF)

• Waste to Energy in Africa
• Payment Security Concept for the Swiss Construction Company KIBAG Airfield Construction AG (“KIBAG”) in Brazil
• Change in Executive Management of AIL Structured Finance AG

Spotlight AILSF in the News (PDF)

• Cooperation Announcement Eila Consulting Private Limited and AIL Structured Finance Ltd
• Working Capital Financing as Competitive Advantage for Swiss Exporters
• AIL Structured Finance’s Services for Small and Medium-sized enterprises “SME”’s

Newsletter 2020/1 (PDF)

• Award – Deal of the year
• Taiwan – Payment Security Concept
• Azerbaijan – Successful Closing

Newsletter 2019/1 (PDF)

• Stadler in Hungary – A success story AILSF supported ever since
• Private Infrastructure Development Group (PIDG)
• An update on EILA & AILSF

Newsletter 2018/2 (PDF)

• Ethiopian Railway Project – Successful Closing
• Payment Security for Stadler’s First Metelitsa Tram in St. Petersburg
• Azerbaijan – Successful Closing
• Xport Finance – Interview with Jérôme Gäschlin after one year of start of operation (only German version available)

Newsletter 2018/1 (PDF)

• Rio de Janeiro (Brazil) – Closing Trem de Corcovado
• AIL Support for Hitachi Zosen Inova’s “Energy from Waste Plant” in Istanbul