Admiralty International’s Directors and Associate Directors have completed the following relevant assignments in a number of countries, including:
Egypt: Misr American International Bank
Established a complete credit system, including developing and implementing policies and procedures for credit approval and review, loan administration, problem loan work out and recovery, and credit training, for a multi-branch international bank majority owned by the Government of Egypt’s Development Industrial Bank. Opened new branches on time and within budget, including policies and procedures, fit out, computer systems, and related UPS issues; security, vault and custodial issues, recruitment and training; etc. Funded by Bank of America, a minority shareholder.
Egypt: Eli Siag Penta Hotel
Supervised the construction financing of a four star hotel within sight of the pyramids, to be operated by Penta Group. We developed a full feasibility study and cash flow projections, structured and supervised financing.
Egypt: Gillette Manufacturing Facility
Participated in the syndicated financing of a razor and blade manufacturing facility inEgypt. This included project evaluation, development of cash flow models, and lending to this project financing.
Egypt: ExideBatteryFactory
The construction and finance of a motor car battery manufacturing plant inEgypt. Full evaluation of project feasibility and participation in syndicated loan.
Egypt: El Arish Mariott Hotel
Structured, arranged and supervised financing and funding of a four star seaside tourist hotel.
Morocco: Development of Loan Guarantee Facilities
Analyzed two loan guarantee facilities with various commercial banks inMorocco. Project included the negotiation and restructuring of the loan guarantee facilities and the development of training plans for bank staff. A USAID funded project.
Pakistan: Fleet Financing
Analyzed cashflows of shipowner and determined financial viability of ship financing. Arranged term financing, foreign exchange, including all documentation.
Turkey: Hilton International Hotels Inc.
Structured the financing, arranged US Overseas Private Investment Corporation guarantee on debt, prepared sales memoranda, and placed the debt for the construction and financing of a new five star hotel in Ankara, Turkey.