International Finance

Since its inception over fifty years ago, the Firm’s corporate group has always had a strong international project finance component, particularly in developing/emerging markets. We have an extensive track record of lender representation, most notably on behalf of International Finance Corporation (the private sector financing arm of the World Bank Group), the Inter-American Development Bank, the Inter-American Investment Corporation and a number of bilateral development finance institutions.

Becker Glynn has served as counsel in hundreds of projects throughout Asia, Latin America, Africa, the Middle East and Eastern Europe. These transactions have included projects in a wide range of industries, including agribusiness, airports, energy generation and transmission, food processing, hotels, manufacturing, mining, oil and gas, port facilities, railroads, telecommunications and toll highways. A good number of these projects have included onward lending arrangements, where the client provides financing to a bank or financial institution for a specific “on-lending” purpose (e.g., residential mortgage finance in an emerging market or export trade finance).

AREAS IN WHICH WE HAVE EXTENSIVE EXPERIENCE:

• Deal structuring and negotiation of terms

• Escrow and reserve account arrangements

• Debt agreements of all types (senior secured, subordinated, convertible debt and syndicated/non-syndicated)

• Intercreditor and security-sharing agreements

• Trust arrangements and security pledges of offshore collateral

• Partial credit guarantees

• The furnishing of New York law legal opinions

• Shareholder guarantees and sponsor support agreements of various types

• Risk-sharing participations

• General coordination of the work of “local” counsel in the jurisdiction of a given project

• Local currency lending