The credit crunch, consolidation of banks and adjustments to the business models of many banks have resulted in more and more borrowers wanting independent access to the capital market.
NORD/LB supports in particular municipal borrowers by arranging appropriate capital market transactions (municipal bond and bonded loan). NORD/LB's Research unit carries out individual credit research in order to meet the information needs of potential investors. The necessary contract documentation is prepared individually and investor presentations are arranged upon request. The various customer divisions then place the issue, in consultation with the borrower, nationally and internationally and in doing so open up a new lender / investor base to the municipality.
Place your capital market transaction in the hands of NORD/LB, a regular issuer of its own bonds and a syndicate member of public issues, from A to Z.
A PPP offers the public sector opportunities to plan and implement innovative concepts or necessary investment together with private partners.
This concerns a long-term cooperation for a definite period between the public sector and a private partner. The latter contributes all his know-how to undertake the planning, finance, construction, running and marketing of the public infrastructure based on the life-cycle approach. This results in almost all cases in long-term savings, efficiencies and a significant transfer of risk.
With a PPP the public sector also gains security and transparency with regard to costs, maintenance and restoration of the property.
With a financing portfolio of around EUR 1.6 billion, NORD/LB is one of the leading financers of PPP projects. We primarily concentrate on social infrastructure, an area in which our know-how, risk awareness and level of customer service support can be put to excellent use.
With specific advisory services, we effectively offer our customers added value which goes beyond merely providing loans. We provide our customers with support in many countries and jurisdictions.
Municipalities face a range of challenges: from expiring grid concession contracts through the strengthening of their own public utilities up to the establishment of a decentralised electricity market in the wake of the German government’s new energy concept.
NORD/LB supports the decision-makers in the municipalities and public utilities in selecting the right model and suitable financing structure. The verification of the inclusion of public funds and the qualified risk check are both integral components of our advice.
Empty state coffers mean that new financing methods are being sought at national, regional and municipal level. Leasing can be a key financing alternative in the field of movable and fixed investment projects. A leasing solution is flexible and has many benefits.
Leasing can be deployed in a range of scenarios, ranging from IT, telephony and time-recording systems through vehicles, such as refuse, street-cleaning and police vehicles, right up to large assets and facilities, such as waste incinerators, cogeneration plants and trams.
Leasing refers the medium- to long-term rental of assets. In civil law, leasing agreements are primarily governed by rental law under sections 535 et seqq. German Civil Code (BGB).
Two different types of leasing agreement are available:
Full amortisation agreement
Amortisation is the scheduled redemption of a debt. With full amortisation agreements, the procurement costs including the lessor’s financing costs are covered in full by the payments of the leasing instalments during the contractual term.
Part amortisation agreement
With part amortisation agreements, the procurement costs including the lessor’s financing costs are not covered in full by the payments of the leasing instalments during the contractual term. A residual value remains at the end of the contract.
Would you like to lease an asset? Then drop us a line.
Your contact at our subsidiary >NORD/LB Leasing is listed at the top right of this page. NORD/LB Leasing’s business segment is the area of movable asset leasing.