BTMU Capital Maritime Overview

Transcription

1 The Power to Finance Your Business. BTMU Capital Maritime Overview May 2011

2 BTMU Capital Corporation General Overview A leading provider of leasing and structured asset-based financing and related financial services to customers located around the globe. Wholly owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd. ( BTMU ) and a member of BTMU s Global Business Unit. Originally founded in 1973 as a subsidiary of the mer Bank of New England, BTMU Capital Corporation ( BTMUCC ) is headquartered in Boston, MA. Wholly-owned subsidiaries and business units: BTMUCC Maritime, Boston and London global provider of lease and debt capital to the shipping and offshore oil & gas sectors BTMUCC Multinational Corporates, Boston provider of leasing and structured finance products to BTMU s Multinational Corporate Banking clients BTMUCC NA Rail, Boston North American provider of lease and debt capital to rail users / operators Engine Lease Finance Corporation, Shannon, Ireland world s largest independent lessor of commercial aircraft spare engines Beacon Intermodal Leasing, LLC, Boston global lessor of marine cargo containers Beacon Rail Leasing Limited, London lessor of locomotives and freight wagons in Europe Distribution network: an extensive base of domestic and international investment sources including banks, insurance companies, industrial finance companies and pension funds. Approximately $4 billion of assets under management. 2

3 What We Do Asset-Based Financial Services Leasing and Asset-Based Lending Equipment Leasing Operating Finance (bareboat charter) Single Investor Leveraged Structured Debt Asset-based Secured and Non-Recourse Lending Senior Debt Junior Debt Contract and Charter Monetizations BTMU Capital Industry Specialties Maritime Marine Containers Rail Aviation Multinational Corporates Investment Banking Products and Services Domestic & International Structured Financings Private Placements Residual Risk Positions/Support Advisory Services Asset Management Portfolio Management Services Joint Venture arrangements Remarketing services 3

4 The BTMU Capital Team & Parent Company The BTMU Capital Team BTMU Capital s 145 finance professionals are our organization s most valuable assets. Our people have expertise in a diverse array of industries and in creating innovative asset-based solutions. Our seasoned management team has been working together more than a decade; they bring a balance of market knowledge, asset knowledge, financial skills, and proven management experience to every client engagement. Parent Company Our parent bank, the Bank of Tokyo Mitsubishi UFJ, Ltd. is a subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG), a publicly traded entity and one of the world s largest financial institutions with assets of $2.2 trillion as of March 31, BTMU manages the largest overseas network of any Japanese bank, spanning 40 countries. Its North American subsidiaries include BTMU Capital Corporation and Union Bank. 4

5 Subsidiaries & Business Units BTMUCC - Maritime Boston and London Established in 2010 through the combination of BTMUCC s Shipping and Offshore Oil & Gas portfolios, the maritime business unit focuses BTMUCC s 30 years of maritime financing experience into a vertically integrated team serving the shipping and offshore markets worldwide. BTMUCC - Multinational Corporates Boston Established in 1973 as a core focus of BTMUCC. The Multinational Corporate group provides leasing and structured finance products to BTMU s Multinational Corporate Banking clients. BTMUCC - North American Rail Boston Established in 1973, the North American Rail group BTMUCC provides financing to railroads, rail car lessors and industrial shipping companies. Engine Lease Finance Corporation Shannon, Ireland Established in 1989 in Shannon, Ireland, and acquired by BTMU Capital in 1996, ELF is the world s largest independent spare engine lessor. Its portfolio of 160 engines satisfies the airline industry s demand a quality, independent supplier of operating leases modern aircraft engines. Beacon Intermodal Leasing, LLC Boston Established in 2008, Beacon Intermodal is positioning itself to be a global provider of leasing solutions to shipping companies and other end users of marine cargo containers. Beacon Rail Leasing Limited London Established in 2008, Beacon Rail is positioning itself to be a European market leader in providing leasing solutions to rail / freight and corporate users of locomotives and freight wagons. 5

6 BTMU Capital - Maritime BTMUCC s primary provider of asset-based and structured finance solutions within the global Shipping and Offshore Oil & Gas markets Over 30 years of industry experience Team of 12 dedicated professionals m a fully functioning, integrated maritime finance team Comprehensive Market Coverage of Shipowners and End-Users Portfolio Management Asset Expertise and Management Syndication In-house Legal Global footprint and Market Coverage Europe, Asia and South America U.S. Jones Act Broad Suite of Financial Products and Services: Lease Advisory and Investment Bareboat Charters Synthetic Leases Structured Timecharters Arranger and Provider of Secured Debt Senior Debt Junior Debt Fleet Securitizations Contract Monetizations Residual Value Support Structures 6

7 BTMU Capital - Maritime Broad asset focus across various sectors and applications Offshore Assets: Field Support Vessels Platm Supply Vessels Anchor Handling, Towing, and Supply Vessels Well Enhancement and Stimulation Vessels Liftboats Multiservice Rigs Drilling Jack-Up Rigs Semi-Submersible Rigs Drillships Shipping Assets Bulk Carriers LNG, Crude, Product, and Chemical Tankers Containerships Certain Specialized Assets 7

8 Selected Transaction Experience Lease Financing Well Stimulation & Platm Supply Vessel and a Gulfstream IV Aircraft Debt Financing a Containershipp Secured Loan Financing 5100 TEU Containerships Term Loan Facility a Drillship Construction and Term Loan Financing Two (2) Jackup Drilling Rigs The undersigned acted as Lessor and Owenr The undersigned acted as Junior Lender The undersigned acted as Arranger and Lender The undersigned acted as a Senior Lender The undersigned acted as Co-Mandated Lead Arranger, Co-Joint Bookrunner and Lender Secured Term Loan Facilities Two (2) 80,000 dwt Kamsarmax bulk carrier vessels Construction and Term Financing One (1) Semi-submersible Accommodation and Offshore Construction Rig Construction and Term Senior Loan Financing Two (2) Lift Boats Senior Secured Debt Warehouse Financing the Acquisition of Vessels UK Lease Sale Semisubmersible Drilling Unit The undersigned acted as Senior & Junior Lender and Lead Arranger The undersigned acted as Co-underwriter and Senior & Junior Lender The undersigned acted as a Lender The undersigned acted as Lead Arranger and Junior Lender The undersigned acted as Advisor and Arranger UK Lease Shuttle Tanker & Production Assets Lease Financing Product Tankers Various Lease and Loan Financings Offshore Oil & Gas Service Vessels Senior Secured Debt Financing For Ferry Vessels Debt Financing a Semi-submersible Drilling Rig The undersigned acted as Arranger and Advisor The undersigned acted as a Junior Lender The undersigned acted as a Lessor, Lender & Arranger on these transactions The undersigned acted as Arranger and Lender The undersigned acted as Lead Arranger and Lender 8

9 Maritime Team Inmation Main Contacts Other Contacts Mike Doyle Managing Director (617) Boston Office Mike Gionfriddo Director (617) Boston Office Peter Willems Director London Office 20 years of experience in Shipping and Offshore Oil & Gas finance Responsible the overall operations of the Maritime Business Unit Extensive experience in originating and executing a wide variety of financial products B.A. in Economics from Trinity College and a M.S. in Finance from Boston College 12 years of structured finance & investment banking experience within the transportation, specialty finance, and large corporate sectors B.S. with a double major in Finance and Inmation Systems from Fairfield University 18 years of broad shipping experience Worked as lead analyst with J.E. Hyde and founded a freight derivatives trading fund Originated & negotiated structured shipfinance deals globally & throughout main shipping segments M.B.A. from INSEAD and is a graduate of Maersk International Shipping Education Ted Gaffney Executive Vice President Stefan Breuer Managing Director Syndication Stephen Majeski SVP Asset Management Greg Register Vice President Portfolio Management Michael Johnson Vice President Senior Counsel Elina Holbrook Corporate Finance Specialist Egemen Duzgoren Corporate Finance Analyst Phone: (617) tgaffney@btmucapital.com Phone: (617) sbreuer@btmucapital.com Phone: (617) smajeski@btmucapital.com Phone: (617) gregister@btmucapital.com Phone: (617) mjohnson@btmucapital.com Phone: (617) eholbrook@btmucapital.com Phone: (617) eduzgoren@btmucapital.com Boston Headquarters London Office 111 Huntington Avenue Suite 400 Boston, MA (617) (main line) (617) (main fax) 30 St Mary Axe Floor 28 London EC3A 8BF +44 (0) (main line) +44 (0) (main fax) 9