Vedanta Hedging has been invited to speak at the leading European PPP Infrastructure forum this month, in order to highlight the importance of Interest Rate hedge benchmarking and their impact on financial close.
A major European road PPP financial close will occur in the coming months (the Bratislava motorway bypass in Slovakia). For that reason, the Central Europe Forum is bringing together local, regional and European PPP market players for its annual conference in Slovakia.
Core topics include financial aspects, market appetite for infrastructure and the financial close process. Abhishek Sachdev, MD of Vedanta Hedging, will be talking about benchmarking services related to Interest Rates and their impact to the financial close process and what a successful financial close is, in terms of best possible conditions for the State, and what makes a project overpriced.
Abhishek will be joining other professional advisors including senior members of the Ministry of Transport for the Czech republic, DLA Piper – European public procurement law, UniCredit Bank – Project Finance and other senior members of the European construction industry.
Infrastructure Public-Private partnerships are technically, economically and politically difficult arrangements. However, they are increasingly a topic of conversations in forums around the world.
The growing demand for infrastructure investments is clear, even in a tax-averse and politically gridlocked environment, PPPs are an appealing solution to many infrastructure problems. Benefits can be difficult to achieve for the tax-payer and given the complexities involved, which includes market-wide risks such as Interest Rate and Foreign Exchange risk. It is therefore vital that these risks are understood and appropriate hedging techniques employed to mitigate them.