Managing a Multi-Billion Pound Deal for Global Clients

The Client

A global consortium of leading infrastructure investors and operators, sovereign wealth and pension funds.

The Challenge

To deliver large-scale, highly complex cross-border infrastructure bridge financing.

Solution

HSBC’s Commercial Banking (CMB) team in Jersey, are globally connected through the bank’s unique network in 64 countries and territories in geographical regions such as Europe, Asia, North America, Latin America, the Middle East and North Africa.

In 2020, the Jersey CMB team managed a US$20.7 billion deal, one of the year’s largest global infrastructure transactions.

HSBC acted as the senior mandated lead arranger, sole hedge structuring and market risk execution bank and joint hedging coordinator, on the associated hedging of US$8 billion acquisition bridge financing for a global consortium.

HSBC Global teams involved in the deal included: real assets and structured finance, corporate risk solutions, private capital group, global banking and corporate banking coverage, sector coverage, loan syndications and debt capital markets.

As part of this deal, HSBC provided end-to-end risk management and structuring expertise that protected the investors’ equity returns.

Results

The deal demonstrates HSBC’s unique ability to connect people and businesses across jurisdictions while also highlighting HSBC’s strength in risk solutions and expertise in providing bespoke long-term private capital structures.