Professional Documents
Culture Documents
Outline
ADB Energy Policy ADB Loan Products Areas of Due Diligence Tips Samples of Regional Energy Projects Benefits of Working with ADB
2
Products of ADB
Public Sector Instruments: Sovereign (government guaranteed) loan Technical assistance (grant or loan) Private Sector Instruments: Non-sovereign (non-government guaranteed) loan Equity investments Guarantees (political risk and partial credit) Guarantees B-Loan/Lender of Record
ADB Loan Terms Non Sovereign or Private Sector (Non-Government Guaranteed) Loan
Maturity: Up to 15 years Interest rate: Variable or Fixed. If variable, determined every semester and indexed to current 6-month LIBOR rate, e.g. 0.44% for USD on 9 November 2010 Spread: Market based, varies based on the project risks ( 2.0%) Net interest rate will be 2.44% based on LIBOR rate on 9 November 2010 Commitment fee: 0.50 0.75% of undisbursed loan balance Front-end fee : 1.0 1.5% Repayment: Equal principal or annuity Currency: USD, JPY, Euro Borrower has to be ADBs members country
7
Dec.2011
10
Tips
Recipients of ADB products has to be developing member countries of ADB. Proposed projects for sovereign and technical assistance have to be agreed between the Government and ADB in the country programming meeting. Earlier consultation on proposed project with ADB may advance the project processing schedule thus provide financing in timely manner. 11
Thank You
ADB Web Site for Regional Cooperation: http://www.adb.org/regional-cooperationintegration/default.asp
Teruhisa Oi teruhisaoi@adb.org Energy Specialist Energy Division, East Asia Department Asian Development Bank
14