|
QBE Track Record - Case
Studies
International Motor Manufacturer
The manufacturer wanted to unlock the value tied
up in 11 motor vehicle dealerships around Australia.
To do this, the properties were purchased by a
SPV, which issued bonds to fund the purchase.
To assist in the issue and sale of those bonds,
however, additional security was required. more...
Healthcare Management Company
The company sought to expand its portfolio through
the acquisition of a number of nursing home properties,
which provide elderly care services, by raising
debt from their underlying revenue stream, generated
from local health authorities and private patients.
more...
European Niche Property Investor
The underlying revenue stream is lease revenue
from a 25 year master lease in respect of 142
post offices entered into between the issuer and
the USPS. more...
South East Asian Flag Carrier
The investment bank was seeking a credit wrap
in relation to their exposure under a Leveraged
Lease structure to a Special Purpose Vehicle that
had been set up to ring fence the lease stream
emanating from a specific aircraft operated by
a South East Asian Flag carrier. more...
Leading Australian Wine Producer
In order to ensure the off balance sheet nature
of the transaction the leading Australian bank
which financed the transaction had to assume a
A$9.8m residual asset position. Since they were
not able to assume the long-term asset risk, they
couldn't complete the transfer on their own and
they therefore needed to find a strong financing
partner to help. more...
Major Dairy Processing Plant
The dairy selected NZ$144m of core assets from
its Hawera mega-plant, which processes 25% of
New Zealand's total milk production. This formed
part of a sale and lease back transaction that
was funded by a leading Australian bank. In order
to ensure off balance sheet treatment, a NZ$54m
residual asset position had to be assumed at the
end of the 10th year. more...
Royal Australian
Airforce
Two of the aircraft were afforded a lease term
of two years with a possible extension of one
year. The leases of the other three aircraft expired
at year three (with a maximum one-year extension).
If the extension were to be invoked, the attachment
point decreases by US$250k per quarter. more...
|
