Investor Presentaiton
EXECUTIVE SUMMARY
Results and Innovations
After 3 successful tender processes, the Program already has significant results:
BRL 10 billion in secured investments
Introduction of the Three-party Agreement, regulating the
rights of lenders based on international best practice
$
BRL 3,6 bn in upfront concession fees, 131%, 438% and 91%
of premium in each of the concessions tendered
First highway concession awarded to a Private Equity fund in
a standalone basis (Pátria Investimentos in association with
Blackstone)
First logistics project exclusively financed through the capital
market (Entrevias)
&
ONFER
CO
PPP
2017.
ERENCE
+
Auctions were attended by major players in the sector on a
global scale
Inclusion of improvements to the attractiveness and
bankability of the Projects (eg indemnification clauses, risk
matrix, among others)
Development of FX risk Protection Mechanism based on the
variable concession fees of the project (there is no fiscal
impact for Government)
Winning Project of the "PPP Awards & Conference Brazil" Award in 2017 in
the category "Most Innovative Idea of the Year" for the improvement of
bankability in the concession agreement
SÃO PAULO
GOVERNO DO ESTADO
ARTESP
AGÊNCIA DE TRANSPORTE DO ESTADO DE SÃO PAULO
IFC
International
Finance Corporation
WORLD BANK GROUP
BNDES
IDB
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