Jamaica – Financial Advisors to the Government for the rescue and restructuring of the sugar sector. This involved preparation of a financing plan and structuring of the financings for the sugar sector, management of the international tender process, including the successful Euro65m five year credit led by KBC of Belgium in 1999 – the first ever Euro financing by a non industrialised country – and the first ever true multi-year financing for any ACP sugar producer.

Financial Advisors for structuring of the 1999 Euro16m short term financing and subsequently, in 2000, on the structuring of a Euro84m five year syndicated Multi-Option Facility refinancing the original Euro65m credit on improved terms, coordinated with a parallel Caribbean Development Bank US$25m integrated loan. The Euro65m medium term syndicated Facility was selected as the ‘runner up’ ‘Best Deal of the Year’ in 1999 by International Trade Finance Magazine.


Guysuco, Guyana – Advisors to the Government for the management restructuring and rehabilitation programme after the 1989 sugar crop nadir of 123,000 tonnes to recovery by 1992 back to the range of over 200,000 tonnes. Drafting terms of reference and supervision of work on the World Bank and UK ODA supported Booker Tate development plan for Guysuco; Subsequently, CFAS were retained to work on Guysuco’s funding plans for the new sugar mill at Skeldon, now implemented with multilateral funding.