Public Private Partnership Finance
Development of infrastructure projects undertaken either by Local Authorities or State Owned Enterprises together with private sector operators within a Public Private Partnership arrangement.
| Sector identification |
- Any type of Public Private Partnership constituted as a Special Purpose Vehicle (SPV) with the explicit aim of enhancing the public entity concerned's service delivery.
- Concession and/or lease providing for private sector enterprises to manage public or SOE facilities.
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| Eligibility |
Minimum credit rating achieved as determined by DBN's credit rating model. |
| Financing options |
- Direct loans for PPP enterprise.
- Subordinated debt/mezzanine financing.
- Participation in syndication facilities (co-funding).
- Current minimum of N$ 3 million.
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| Security |
- Determined on a project by project basis taking into account risks involved and credit rating score assigned.
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| Repayment period |
Maximum 10 years (including grace period). |
| Interest rate |
- Determined on a project by project basis.
- In certain cases an interest rate rebate may be offered based on the quality of security offered.
- Interest can be capitalised during the grace period.
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| Grace period |
- Tailored to the construction and ramp up of the project.
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