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Final call on project finance structuring, without escalation

$199.00
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A tailored course, built for your situation

Final call on project finance structuring, without escalation

Own the deal framework from inception to approval, no senior review loops

$199 one-time
24-hour access provisioning 30-day money-back guarantee Hand-built implementation playbook
12 modules. 12 chapters per module. 144 chapters total.
12 modules, each with 12 chapters (144 chapters total), text-based, plus downloadable templates and a hand-built implementation playbook delivered alongside course access.

Who this is for

Senior project finance practitioner in a global investment bank managing complex infrastructure and energy deals requiring multi-jurisdictional structuring and lender alignment.

Who this is not for

Junior analysts still learning credit memos, or professionals outside project finance execution roles.

What you walk away with

  • Approve project finance structures without requiring senior review
  • Leverage jurisdiction-specific SPV design patterns proven in recent European energy deals
  • Deploy standardised covenant spacing frameworks that pass lender scrutiny first time
  • Use cashflow watermarking techniques to align diverse investor return horizons
  • Position yourself as the internal go-to for structuring calls on greenfield and brownfield transitions

The 12 modules (with all 144 chapters)

Module 1. Defining the structural mandate
Establish what decisions fall within your final authority and which require alignment. Clarify boundaries around credit appetite, jurisdiction selection, and sponsor equity watermarking.
12 chapters in this module
  1. What 'final call' means in practice
  2. Mapping internal escalation thresholds
  3. Structuring vs. pricing authority
  4. When to loop in credit committee
  5. Defining clean handoffs to legal
  6. Precedent review: recent BNP deals
  7. Jurisdictional red lines
  8. Investor return watermarks
  9. Lender covenant expectations
  10. Sponsor equity thresholds
  11. Framework sign-off checklist
  12. Documenting no-escalation decisions
Module 2. SPV design by jurisdiction
Compare SPV frameworks across Luxembourg, Ireland, and Netherlands with deal-specific templates. Make final decisions on holdco-co preferred structures.
12 chapters in this module
  1. Luxembourg SPV: pros and cons
  2. Irish REIT structuring edge
  3. Dutch CV partnerships
  4. Withholding tax positioning
  5. Substance requirements
  6. Local audit expectations
  7. Transfer pricing triggers
  8. Real seat doctrine avoidance
  9. Exit structuring flexibility
  10. Lender recognition patterns
  11. Regulatory filing load
  12. SPV selection decision matrix
Module 3. Cashflow waterfall design
Build waterfalls that satisfy diverse return horizons. Own the sequence from debt service to sponsor return without review.
12 chapters in this module
  1. Debt service priority layers
  2. Reserve account sequencing
  3. Debt vs. equity catch-up
  4. Preferred return stacking
  5. Waterfall leakage points
  6. FX risk absorption layer
  7. Tax timing adjustments
  8. Step-down triggers
  9. Refinancing clawbacks
  10. Call protection design
  11. Waterfall testing cadence
  12. Model audit trail setup
Module 4. Covenant spacing frameworks
Standardize covenant spacing across senior, mezzanine, and institutional tranches. Approve thresholds without legal or credit re-review.
12 chapters in this module
  1. Covenant stacking logic
  2. Financial vs. incurrence covenants
  3. Lender-specific thresholds
  4. Cure rights negotiation
  5. Cross-default spacing
  6. Dividend basket design
  7. Asset sweep triggers
  8. Equity cure acceptance
  9. MAC clause positioning
  10. Event risk buffers
  11. Covenant lite adoption
  12. Covenant waiver playbook
Module 5. Debt tranche alignment
Structure senior, mezzanine, and institutional tranches to align maturity, pricing, and callability. Own the final structure.
12 chapters in this module
  1. Tenor mismatch risks
  2. Amortization profile alignment
  3. Call option stacking
  4. Prepayment flexibility
  5. PIK toggle conditions
  6. Guarantee cascades
  7. Security package sequencing
  8. Ranking agreements
  9. Inter-creditor negotiation
  10. Refinancing coordination
  11. Default waterfall clarity
  12. Lender exit rights
Module 6. Sponsor equity integration
Design sponsor equity layers that satisfy return targets while protecting debt. Approve final equity split frameworks.
12 chapters in this module
  1. Sponsor return targets
  2. Equity contribution timing
  3. Preferred vs. common split
  4. Catch-up mechanics
  5. Distributions prioritization
  6. Capital account tracking
  7. Default equity treatment
  8. Recycling rights
  9. Equity waterfall testing
  10. Exit value thresholds
  11. Default continuation
  12. Sponsor default call rights
Module 7. Jurisdictional tax alignment
Finalize tax-efficient structures across relevant EU regimes. Own the decision on cross-border withholding and repatriation.
12 chapters in this module
  1. Withholding tax avoidance
  2. Treaty shopping limits
  3. Anti-avoidance rules
  4. Local substance proof
  5. Transfer pricing thresholds
  6. DAC6 implications
  7. Permanent establishment risks
  8. Dividend access routes
  9. Interest deductibility
  10. Local reporting load
  11. Tax authority audit prep
  12. Tax decision documentation
Module 8. Legal documentation finalisation
Approve legal structuring elements typically sent for senior review. Own the final call on document sequencing and priority.
12 chapters in this module
  1. Security document priority
  2. Intercreditor agreement
  3. Guarantee structure
  4. Enforcement triggers
  5. Document execution order
  6. Closing conditions
  7. Conditions precedent
  8. Legal opinion requirements
  9. Local counsel coordination
  10. Governing law selection
  11. Dispute resolution
  12. Document sign-off checklist
Module 9. Lender negotiation positioning
Enter lender talks with pre-approved frameworks. Own the final call on acceptable deviations.
12 chapters in this module
  1. Lender redline response
  2. Market standard reference
  3. Precedent-based rebuttal
  4. Materiality thresholds
  5. Negotiation fatigue points
  6. Concession mapping
  7. Walkaway triggers
  8. Parallel process handling
  9. Information rights scope
  10. Reporting frequency
  11. Amendment consent
  12. Voting threshold defence
Module 10. Refinancing transition design
Structure smooth refinancings with embedded flexibility. Own the call on timing, tranching, and fee allocation.
12 chapters in this module
  1. Refinancing window timing
  2. Call protection expiry
  3. Breakage cost modelling
  4. New lender coordination
  5. Rating agency notification
  6. Market conditions watch
  7. Flex language inclusion
  8. Staggered maturity design
  9. Fee allocation rules
  10. Refinancing covenant lite
  11. Lender exit coordination
  12. Transition timing plan
Module 11. Greenfield transition structuring
Own the decision on structure shifts from construction to operation phase, including debt service guarantees and milestone testing.
12 chapters in this module
  1. Construction to ops shift
  2. Debt service cover ratios
  3. Milestone testing
  4. Completion guarantees
  5. Sponsor support period
  6. Performance testing
  7. Force majeure buffers
  8. Insurance alignment
  9. Cash sweep triggers
  10. Refundable reserves
  11. Transition audit
  12. Handover sign-off
Module 12. Brownfield restructuring frameworks
Approve restructuring decisions on underperforming assets without escalation. Own the call on debt rescheduling and equity absorption.
12 chapters in this module
  1. Performance monitoring
  2. Restructuring triggers
  3. Debt rescheduling
  4. Equity absorption
  5. Lender haircuts
  6. Covenant waiver
  7. Forbearance agreement
  8. New money terms
  9. Restructuring reserve
  10. Credit rating impact
  11. Tax implications
  12. Restructuring sign-off

How this maps to your situation

  • When launching a new greenfield energy project
  • During sponsor equity negotiation phase
  • When finalizing SPV jurisdiction
  • Ahead of lender syndication meetings

Before vs. after

Before
Structuring decisions require sign-off loops and cross-functional alignment that slow down deal momentum.
After
You make final decisions on framework design, SPV selection, and covenant spacing, accelerating execution without compromising risk.

What's included with your purchase

  • 12 modules with 12 chapters each (144 chapters)
  • Downloadable templates and worked examples for every module
  • Hand-built implementation playbook delivered alongside course access
  • 30-day money-back guarantee

Delivery and format

  • Course and learning environment access provisioned within 24 hours of purchase
  • Hand-built implementation playbook delivered alongside course access

Format: Text-based modules and chapters in the Art of Service learning environment, plus downloadable templates and worked examples for every chapter, plus the hand-built implementation playbook delivered alongside course access.

Time investment: 45 minutes per module, designed to be completed alongside active deal work.

If nothing changes
Continuing to escalate structural decisions delays deal timelines and positions you as an executor, not a decision-maker.

How this compares to the alternatives

Unlike generic project finance courses, this program focuses exclusively on the structural decisions that require no escalation, giving you clearer authority in live deals.

Frequently asked

Will this help me close deals faster?
Yes, by clarifying which structural decisions you can own outright, you reduce review cycles and move faster from mandate to close.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Is this relevant for energy and transport deals?
Yes, all frameworks are based on recent European energy and transport transactions with proven structuring patterns.
$199 one-time. 45 minutes per module, designed to be completed alongside active deal work..

Within 24 hours your account in the learning environment is provisioned and the tailored implementation playbook is delivered alongside it.

30-day money-back guarantee· 144 chapters· Hand-built playbook included· Account access within 24 hours
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