The 12th Annual Syndicated Loans CEE...
Transcript of The 12th Annual Syndicated Loans CEE...
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Platinum Sponsor
Syndicated Loans CEE Conference
19th & 20th November 2015 | Vienna Marriott Hotel, Austria
The 12th Annual
The landmark event for lenders and borrowers in Central and Eastern Europe
www.euromoneyseminars.com/CEELoans#CEELoans15
Lunch Sponsor Gold Sponsor Refreshment Sponsor Bronze Sponsor
Dear Colleague,
It’s my pleasure to introduce the agenda for the 12th Annual Syndicated Loans CEE Conference.
The CEE corporate loans market faces its most challenging time, as sanctions imposed on the Russian market have deeply dented deal volumes throughout the region. However, local liquidity remains very strong, with corporates across the region financing themselves from both local and international lenders. In Turkey, financial institutions and borrowers are finding innovative ways of financing their operations.
Prominent players from both lenders and borrowers will gather in Vienna to discuss these issues and more. The agenda combines region-focused panels on Poland, Czech Republic, Slovakia and Russia, with sector-focused sessions on Real Estate and Export Finance.
Vienna stalwarts like Eric Zimny (SMBC), Penny Smith (Commerzbank) and Jan Nyvlt (CSOB) will participate alongside new speakers, such as Yuri Lekarev (Otkritie), George Aase (PointPark Properties) and Bülent Beydüz (Erdemir).
An old Euromoney Seminars favourite, this conference offers unparalleled access to key industry figures – with Vienna’s Christmas market to frequent in the meantime!
Please let me know if you have any questions about the agenda, and if you have an interest in speaking at or sponsoring the event, I’m happy to help with your queries.
I look forward to welcoming you to the Vienna Marriott Hotel in November!
Best regards,
George Khachadourian+44 (0)20 7779 [email protected]
Key speakers include:
Andrew MosesHead of Loan Syndicate and Sales, KBC
Eva SmolenDirector, Syndicated FinanceING Bank
Marcin KasinskiExecutive Director, Debt Optimisation and DistributionCredit Agricole CIB
Marina Kareeva Director, Capital Issuance and Funding Department Promsvyazbank
Penny SmithHead of EM Corporate Loan origination Commerzbank
George AaseChief Financial officerPointPark Properties
■ Sponsorship ■
■ Jon Fleming ■ +44 (0) 20 7779 8940 ■ [email protected]
■ Registration ■
■ Venice Evangelista ■ +44 (0)20 7779 7222 ■ [email protected]
■ Speakers ■
■ George Khachadourian ■ +44 (0)20 7779 8060 ■ [email protected]
“ Great source of information on what is going on in the syndicated markets in CEE” Dr. Amichia Biley, DEG
“ attendance is a must for all CEE players”
Dr. Agnes Molnar, Freshfields Bruckhaus Deringer
Syndicated LoansCEE Conference
19th & 20th november 2015 Vienna Marriott Hotel, austria
www.euromoneyseminars.com/CEELoans#CEELoans15
In 2014, the 11th Annual Syndicated Loans CEE Conference had over 185 attendees from 21 countries and 86 companies. Will you be joining the key CEE players this year?
AccessBank
Alternatif Bank
Baker & McKenzie
Baker & McKenzie/Esin Attorney Partnership
Bank Austria, Unicredit
Bank of China
Bank of Tokyo-Mitsubishi
Belarusbank
Bloomberg News
BNP Paribas
Brit Group
Bulboaca & Asociatii
CEZ Group
Citi
Clifford Chance
CMS
Crédit Agricole CIB
Credit Suisse
CSOB
DARS
DEG
Denizbank AG
Deutsche Bank
EBRD
ENEL
Eurasian Development Bank
Freshfields Bruckhaus Deringer
Garant Insurance Company
Garant Versicherungs AG
Gazprombank
GE
Global Loan Agency Services Limited
GlobalCapital
Goldman Sachs
Hatfield Philips
HBOR
Hungarian Hydrocarbon Stockpiling Association
IFC
INA-Industrija Nafte
ING Commercial Banking
K&H Bank
KBC Group
KFW Ipex-Bank
Loan Market Association
mBank SA
MET Holding AG
Miller Insurance Services LLP
MOL Group
Morgan Lewis
Munich Reinsurance Company
MVM
Natixis
NLB d.d.
Oesterreichische Entwicklungsbank AG
OMV Petrom
OTP Bank
Pasha Bank
Pegas Nonwovens
Priorbank
Promsvyazbank
Raiffeisen Bank International
Republic of SRPSKA Pension Reserve Fund Management Company
Sberbank
Schönherr Rechtsanwälte GmbH
Schwarz Finanz und Beteiligungs
Siberian Coal Energy Company
SUEK
SIJ - Slovenian Steel Group
Slovnaft
SMBC
SME Bank
Société Générale
Standard Chartered Bank
Strabag
SUEK
Sumitomo Mitsui Banking Corp
Tekstilbank
Telekom Srbija
Texel Finance
Thomson Reuters
TMF Group
UniCredit Corporate & Investment Banking
Vasant Connect Ltd
VTB
White & Case
Wolf Theiss Rechtsanwälte
ZAO Raiffeisenbank
Attendee breakdown:
Look who attended in 2014:
“ This is the most valued event for those who cover credit activities of various origins in CEE region” Igor Biryukov, SME Bank, Moscow
“ a must-attend event if you want to hear recent trends, differing opinions and connect with new contacts” Igor Malevanov, SLJ Slovenian Steel Group
39% 21% 2%
21% Corporates 2% associations39% Lenders
17% 19% 2%19% Law Firms 2% Private Equity
17% Financial Institution Borrowers
Syndicated LoansCEE Conference
19th & 20th november 2015 Vienna Marriott Hotel, austria
www.euromoneyseminars.com/CEELoans#CEELoans15
Day One: Thursday 19th November 2015
08.15 Registration and morning refreshments
09.00 Chairperson’s opening remarksJana Petkova, Managing Director, Head of Loan syndicate CEEMEa, UniCredit Corporate & Investment Banking
09.15 Macroeconomic overview: How is the CEE region faring with its key challenges?
■ Growth and increased stability across CEE: What is the outlook for 2016?
■ How will CEE capitalise on the unprecedented liquidity flowing into the region?
■ What impact will the Greek debt crisis have on future CEE lending prospects?
Simon Quijano-Evans, Chief Emerging Markets strategist, Commerzbank
09.45 Loan Bankers’ Roundtable: Will 2016 improve on 2015’s weak new deal volumes?
■ Analysing the prominence of refinancing deals over the last year, and where they’ll lead
■ Do negative LIBOR floors present a threat to future deal volumes?
■ How will banks tackle stubbornly high NPL ratios in CEE?Eric Zimny, Deputy General Manager, Head of CEEMEa syndications, SMBCVladislav Chiriac, Director, Loan syndicate CEEMEa, UniCreditPenny Smith, Head of EM Corporate Loan origination, CommerzbankModerator: Paul Stallebrass, Head of CEE Banking, CMS
10.30 Morning refreshments and networking break sponsored by
11.15 Russia and the CIS: Opportunities for deals in tough times
■ What syndicated deals are being done in Russia, and how is the market adjusting?
■ Pre-export finance as a steadfast liquidity source in the current environment
■ Which CIS countries are seeing most activity in syndicated lending?
Yuri Lekarev, Managing Director, Head of International Funding, Financial Institutions and Investor Relations, Otkritie Financial Corporation BankLeopold Glanz, associate Director, Corporate structured Finance CEE, UniCreditModerator: Oliver Blount, Managing Director, Head of Loan syndication, ING Bank
12.00 Assessing syndicated finance for CEE financial institutions
■ How has the role of the syndication market changed in FI finance?
■ Is regulatory pressure driving more subsidiary standalone funding?
■ Where does syndicated finance stand relative to other FI funding methods?
Marina Kareeva, Director, Capital Issuance and Funding Department, PromsvyazbankModerator: Georg Diwok, Partner, Baker & McKenzie
12.45 Lunch sponsored by
14.00 Poland: Analysing deal prospects in CEE’s most liquid economy
■ Which sectors are seeing the most syndicated lending activity?
■ As privatisations complete, will borrowers favour financing through bonds or loans?
■ Will Zloty-denominated debt remain preferable for the Polish market going forward?
Marcin Kasinski, Executive Director, Debt optimisation and Distribution, Credit Agricole CIB
14.45 Real estate finance in CEE: A hot sector for syndicated lending?
■ Which countries are attracting critical mass in this sector? ■ Is substantial growth in the region’s real estate market disguising a bubble?
■ What type of facility characterises funding methods in this sector?
George Aase, Chief Financial officer, PointPark PropertiesLukasz Motyl, MD, Head of Real Estate CEE, UniCredit
15.30 Afternoon refreshments and networking break sponsored by
16.00 Acquisition and leveraged finance: Deal structures and lending prospects for 2016
■ Leveraged buyouts: An effective method of stimulating leveraged finance in the region?
■ Will increased private equity sponsored finance boost the CEE leverage market?
■ What role do alternative credit providers play in CEE leveraged finance deals?
Nikolaus Bethlen, senior Partner, Mid Europa PartnersNigel Adamson, Director, Loan syndicate CEEMEa, UniCreditModerator: Eva Smolen, Director, syndicated Finance, ING Bank
Syndicated LoansCEE Conference
19th & 20th november 2015 Vienna Marriott Hotel, austria
www.euromoneyseminars.com/CEELoans#CEELoans15
16.45 Hungary: Is the market coming back to life? ■ Assessing the impact of easing tensions in the local banking sector on lending volumes
■ How liquid is the Hungarian market? ■ Which financing methods do Hungarian borrowers favour?
Vera Száz, Head of Funding, Group Treasury, MOL Group Arpad Nagy, Treasury and Funding Director, MVMDusán Lásztity, Partner, Baker & McKenzie
17.30 Export finance in the CEE: Are we seeing greater syndication volumes in this sector?
■ Are export syndications becoming more frequent in the CEE? ■ What export territories are of interest for export syndicators? ■ How will varying degrees of state support impact export syndication volumes?
Jan Nývlt, Director, syndicated Loans, CSOBMichael Emery, Head of EMEa syndications, IFC
18.15 Chairperson’s closing remarks followed by drinks reception
Day Two: Friday 20th November 2015
08.45 Morning refreshments
09.10 Chairperson’s opening remarks
09.15 Will CEE remain a borrowers’ market in 2016? ■ How can banks entice borrowers to syndicated lending in the face of weak deal volumes?
■ Are borrowers holding back on capital expenditure across CEE?
■ To what extent are European macroeconomic developments affecting borrowers’ decision-making?
László Szabó, Finance Director, MVMModerator: Andrew Moses, Head of Loan syndicate and sales, KBC
10.00 Case study: Poland’s first hospital PPP ■ Assessing the importance of this deal in both the Polish and CEE contexts
■ What role did each participant play in putting together the deal?
■ What are the implications for future financing of social infrastructure in CEE?
Moderator: Simon Dayes, Partner, CMS
10.45 Czech Republic and Slovakia: A highly liquid and competitive market
■ Are refinancing deals returning to prominence in the Czech market?
■ Is overbuild in the commercial space leading to a real estate bubble?
■ Assessing greater liquidity and competition in the region, and how this could impact syndication volume and deal structures
Lukáš Chaloupka, Team Head, structured syndications and syndicated Loans, CSOBRobert Potáč, Managing Director, Funding, PPFDavid Jelen, Group Development Finance Director, PointPark Properties
11.30 Mid-morning coffee and networking break sponsored by
12.00 LMA Market Update: Regulatory changes, documentary initiatives, and sanctions
■ What guidance can the LMA give market participants to ensure continued compliance with sanctions?
■ Does the LMA have issue with proposed regulatory changes, and their impact on syndicated lending?
■ What recent documentary initiatives has the LMA undertaken?Nick Voisey, Director, Loan Market Association
12.30 Infrastructure and energy finance: Where are the deals coming from?
■ How has demand for infrastructure finance shifted since 2014?
■ Would an increase in PPP funding encourage longer tenor loan activity across the region?
■ What deals has the renewable sector seen? Which regions are attaining critical mass?
Alma Ourazalinova, Principle syndications officer, IFC Lorenz Jorgensen, Director, Head of Loan syndications, EBRD Moderator: Pal Prileszky, Director, Project Finance CEE, UniCredit
13.15 Turkey: Capitalising on alternative financing methods into 2016
■ The 364/367 day tenor: Is FI short-term funding dead? ■ How will Turkish corporates’ financing methods adapt to corresponding FI financing changes?
■ Will Turkey continue to attract more international funding to large scale project finance?
Hiren Singharay, Regional Head of syndications, Standard CharteredHarvey Hoogakker, Managing Director, Head of Risk Distribution & Loan syndication EMEa, Wells FargoBülent Beydüz, Group Chief Financial officer, Erdemir Zeki Önder, Executive Vice President – Financial Institutions, ŞekerbankModerator: Semih Özcan, Head of Financial Institutions & Trade Finance, Denizbank
14.00 Chairperson’s closing remarks followed by lunch and close of conference
Syndicated LoansCEE Conference
19th & 20th november 2015 Vienna Marriott Hotel, austria
www.euromoneyseminars.com/CEELoans#CEELoans15
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Syndicated LoansCEE Conference
19th & 20th November 2015 Vienna Marriott Hotel, Austria
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Syndicated LoansCEE Conference
19th & 20th November 2015 Vienna Marriott Hotel, Austria
www.euromoneyseminars.com/CEELoans