Pannonia Ethanol
Back
| Situation AnalysisPannonia Ethanol, a Hungarian company, sought senior debt funding from the Export-Import Bank of the United States (US Ex-Im Bank) and the Overseas Private Investment Corporation (OPIC) to construct a 52,250,000 gallon per year corn to ethanol facility in Dunaföldvár, Hungary. Fagen Inc., a Granite Falls, Minnesota-based ethanol developer and construction firm, is an active participant in the project. Construction of the facility is expected to be completed in 2012. Fieldstone RoleFollowing a competitive bidding process, Fieldstone acted as the exclusive financial advisor to US Ex-Im Bank for its portion of the Senior Credit Facilities. Participated in negotiations between Pannonia Ethanol and US Ex-Im Bank and provided assistance in resolving inter-creditor issues between US Ex-Im Bank and OPIC. Performed financial analyses including financial modeling, Monte-Carlo simulations and multiple sensitivities. |
|---|