TSW Capital has closed five transactions across Singapore, Vietnam, Indonesia and the Philippines, for financial institutions and energy businesses. The mandates range from senior debt for a licensed bank to structured finance for an energy-as-a-service platform.
We arranged a USD 15Mn structured finance facility for an energy-as-a-service business, and also a USD 15Mn equity raise for the same business from a development finance institution. Energy as a service — where the provider owns the equipment and sells the output rather than the asset — does not finance like a conventional project, because the lender is underwriting a portfolio of contracts rather than a single plant. Our role is structuring the facility around that contract portfolio.
Our work in these three markets has been with financial institutions: a USD 20Mn senior debt facility for a Vietnamese bank, a USD 5Mn term loan for an Indonesian microfinance institution, and term loans of USD 7Mn and USD 2.5Mn for a Philippine NBFI.
The pattern matches South Asia — an institution that needs foreign currency term funding or local currency term funding, and a development finance institution or impact lender able to provide it at terms which are competitive to local markets.
USD 20 Mn Senior Debt
USD 15 Mn Structured Finance
USD 15 Mn Equity (DFI)
USD 7 Mn Term Loan
USD 5 Mn Term Loan
USD 2.5 Mn Term Loan
If you are a financial institution, fintech, renewable energy, climate or consumer company across South East Asia looking for equity or debt capital, tell us what you need. If you are a corporate looking for financing from local banks in South East Asian countries for your projects, we can be the right advisor for your requirement.
