International Finance Corporation LLC
International Finance Corporation LLC
The core discipline
We design the architecture that turns a financing problem into an instrument institutional capital will underwrite.
A great deal of capital sits ready for the right structure and walks away from the wrong one. Our work is to build the right one. We set the tenor, the tranching, the security package, the covenants, the repayment waterfall, the currency mix and the credit enhancement. We construct the SPV and trustee architecture, with a Sharia-compliant wrapper where a mandate calls for one. We build the financial model and the investor case, produce the term sheet and the information memorandum, and assemble the parties: issuer, trustee, paying agent, rating, counsel.
What the work involves
The line we hold
We design the blueprint. We do not issue, underwrite, hold or place it - those acts belong to a licensed institution. Our fee is for the design, not a commission on the raise.
Who retains us
Sponsors, ministries and issuers who hold a transaction the market has not yet agreed to fund, and who would rather fix the structure than lower the ambition.