INDEPENDENT
INFRASTRUCTURE &
UTILITIES FINANCE
BOUTIQUE
ABOUT
Erias Finance is an independent infrastructure and utilities finance boutique established in 2009.
We offer a sector specialist approach, providing consultancy and interim management services across the full suite of debt finance products and services and their general applicability to your company.
Having originally operated over the period 2009-2014, Erias Finance has recently restarted.
In its first phase, we led a number of successful, complex and multi-faceted transactions on challenging timetables, totalling over GBP6 billion. These transactions spanned a broad range of sectors including rail, ports, gas and water.
We believe that our clients are best served by an independent adviser with a deep understanding of the debt finance markets, a thorough knowledge of the industry sectors in which the client operates, extensive contacts throughout the financing community and proven transaction execution skills.
PRODUCTS & SECTORS
The Directors have significant experience in both advising on and arranging new finance
and refinancing, across the infrastructure and utilities sectors.
PRODUCTS
DEBT CAPITAL MARKETS
• Corporate Bonds • Whole Business Securitisations • Private Placements • Project Bonds
LOANS
• Bank Loans • Institutional Investor Debt • Acquisition Loans • Project Finance Loans
STAKEHOLDER MANAGEMENT
• Ratings Advisory • Investor Relations
SECTORS
UTILITIES
TRANSPORTATION
COMMUNICATIONS
RENEWABLE ENERGY
PPP/PFI
SELECTED TRANSACTIONS
We have led a number of successful, complex and multi-faceted transactions across different
sectors on challenging timetables.
Advised on establishment of £775m WBS platform, issuance of £480m Class A notes, private placement of £95m Class B notes and 'flipping' a £200m bond into new structure. Subsequently advised on private issue of additional Class A index-linked notes.
Affinity Water
2013, 2014
Advised the board of LCR on financing matters in preparation for and throughout the M&A process relating to the £2.1bn privatisation of HS1, the Channel Tunnel Rail Link.
LCR
2009-10
Advised HS1 on debt structure, rating agency process and finance strategy.
High Speed One
2012
Advised the board on its £2.35bn refinancing, rating agency work, new WBS platform, £500m bond issuance, £1.85bn bank debt and swap reprofiling. Refinanced £535m bank debt. through USPPs, institutional debt, EIB loan and multi currency MTN issues.
Associated British Ports
2011-2, 2013
Advised management on its successful €775m refinancing in September 2013, including establishment of a new EMTN programme, debut €500m bond issuance and €275m term loan financing. Advised on subsequent private bond issues totalling €275million.
MRG
2013
Advised the Southern Water group in relation to its financing strategy for the next regulatory period.
SOUTHERN WATER
2014TEAM
John Mayhew has 31 years’ experience including having most recently worked as Head of Infrastructure Finance at M&G Investments. Prior to this, he was Head of Infrastructure Finance at Barclays Capital. John started his career at Morgan Grenfell and Deutsche Bank.
JOHN MAYHEW
Managing DirectorTriona Coyle has 10 years’ experience in the power and infrastructure sectors, including jointly running the Power Project Finance Team at Deutsche Bank. She also has 6 years experiance as a Director in Erias Finance from 2009-2015.
TRIONA COYLE
Director