Sovereign Debt Rescheduling

CFAS and our teams have been involved in advising Governments on negotiations for the rescheduling or restructuring of sovereign debt and private sector trade arrears. Over the years our teams have been advisors to the Governments of Nigeria, DRC – Zaire, Togo, Senegal, Indonesia, Papua New Guinea, Panama, Peru and Guatemala

Anguilla

Retained by the Government of Anguilla and the Anguilla Air & Sea Ports Authority to advise on the structure, financing options and implementation of the upgrading of the Clayton J Lloyd International Airport to increase the airport’s handling capacity so as to permit flights by larger aircraft direct from North America

Portugal

Portugal – Advice to the petrochemical group CNP (now part of LinnhoffMarch-KBC Energy) on restructuring of the group’s debt and capital structure and arrangements for recapitalisation financing.

Guyana

Guyana – Retained for ten years by the State Planning Secretariat and Office of the President to advise government teams from several Ministries on the IMF and Caribbean Development Bank programmes, and on state sector restructuring and divestment programmes.

Antigua

Antigua – Retained by the Office of the Prime Minister to carry out a benchmarking study on the planned capacity of the new Mount St John General Hospital; to review and pronounce on the competitiveness of private sector credits to the project; to assess the capacity of the National Medical Benefits Scheme (Universal Medical Insurance Programme) to fulfil its financial obligations under the loan agreements contracted by the Government to finance construction of the Hospital; and to make recommendations on alternative and supplemental means of financing construction, equipping and operating the hospital facility.

Guyana

Guyana -Financial Advisors to the Government on planning and detailed negotiation of SYSMIN financing from the EU for the bauxite industry.

Guyana – Financial Advisors to the Government on the sale of the Berbice bauxite mining operations of BIDCO to Reynolds Aluminum and financing of a new investment programme.

Zaire

Zaire/DRC- Financial Advisors to the Government and the African Development Bank on the refinancing and debt restructuring of the Kilo Moto gold mine in Haut-Zaire and of the copper/cobalt mining operations of Gecamines.

Guyana

Financial advisors to the Government on a successful Caricom export development programme in collaboration with three Caribbean Central Banks to help reduce Guyana’s Caricom debt.