Issuers and borrowers of tax-exempt debt face many challenges as they evaluate financing options. Chief among these challenges is securing independent advice and analysis regarding various financing structures, determining the appropriateness of proposed fees from banking, legal, and other service providers, and evaluating the relevant information and materials to ensure that the Board, Finance Committee, or similar oversight body is fully aware of the risks and benefits of the financing. The specific services that BLX provides are as follows:

• review, analyze, and provide various financing and investment strategies relating to possible restructuring of current debt and financing of new projects, include possible utilization of asset side of balance sheet;
• coordinate efforts to assemble and manage a financing team, including review and analyze documentation regarding borrower's financial status in order to determine feasibility and advisability of various debt structures
• advise as to the solvency and merits of any potential transaction(s);
• advise regarding capital markets, interest rate trends, financing terms (including the use of any derivative products, such as an interest rate swap), maturity and amortization schedules, redemption provisions, additional debt provisions, covenants and credit enhancement;
• review pertinent financial, legal and tax issues with underwriter, bond counsel, and corporate counsel;
• coordinate preparation of presentations to the credit rating agencies and / or credit enhancers;
• assist in securing trustee services; and
• attend and participate at meetings of the Board and/ or Finance Committee

Often, the specific scope of services needed for this type of engagement cannot be fully determined until detailed project discussions have commenced. We always welcome the opportunity to meet with prospective clients to discuss in detail the value of our services.