FINANCIAL SOLUTIONS TO ACHIEVE DESIRED OBJECTIVES AND CAPITAL MARKETS’ ACCEPTANCE

Personnel of SFT Capital, LLC have originated, constructed, structured, sourced sponsors/funding/transaction participants, and/or advised, negotiated, closed the following transactions acting on behalf of transaction principals and clients:

*Acquired a Liquid SO2 manufacturing plant from Fortune 500 industrial company financed by $11mm non-recourse, long term debt, the repayment of which was provided by a long term take-or-pay contract.

*Senior/subordinated debt financing structures arranged to allow acquisition of multiple commercial aircraft ($3mm to $30mm) on lease to major US and foreign carriers many times with simultaneous extension of lease and monetization of deferral tax benefits with third parties while retaining economic upside.

*Arranged, initially $20mm of debt financing, subsequently upsized to $200mm, for business services/credit card residuals company for working capital, and to acquire and organically build credit card residuals portfolios.

*Acquisition and foreclosure of debt on two equipment leasing companies (one publicly traded) obtaining ownership ($8mm and $16mm) and refinancing of company assets and use of tax NOLs.

*Developed a $425mm Gap Financing structure for a major regional transit authority for a Light Rail System, which provided efficient, low cost financing through the off balance sheet deferral of contract payments.

*Arranged $75mm commitment for equity funding, contingent in SEC S-1 filing, for biomimetic AI technology company leveraging digital twins to accelerate discoveries in biopharma and ten other verticals.

*Creation of economic derivative based on future rental stream ($20mm pv) from Lessor’s shipping container portfolio to provide economic substance for tax benefit transaction.

*Obtained and negotiated term sheets for $50mm of equity and $20mm of debt funding for a Pollstar top 200 concert touring artist rehearsal facility to retire existing debt, acquire additional real estate, build-out sound stages and working capital needs.

*Arranged $5mm of initial institutional equity funding for a Spanish BioTech company for Phase 1, 2 and 3 studies, that use AI to repurpose existing drugs for orphan diseases.

*Developed a creative Plan of Finance for the ~$325mm rehabilitation and operation of an existing commercial nuclear fuel reprocessing facility in the UK.  The UK Government stipulated no increase in their financial risk profile, which precluded conventional capital market finance.   The Plan of Finance utilized long-term, customer pre-payments of reprocessed nuclear fuel, which met UK government objectives. 

*Structure and placement of alternative energy (clean coal) tax credits to multiple Fortune 100 companies.

*Acquired $8.5mm oil & gas properties with non-recourse, long term debt with repayment terms tied to production.

*Structured a non-recourse financing facility for the acquisition of over $300mm in distressed debt portfolios in which repayment of the debt came from liquidation of the portfolios under a profit sharing agreement.

*Arranged multiple layers of revolving debt financing for aircraft retirement program with major U.S. carrier for acquisition of passenger aircraft ($15mm), conversion to freighter aircraft and engine overhaul ($25mm) with put option to MRO company, with participation of original manufacturer.

*Arranged multiple senior (up to $20mm) and subordinated (up to $5mm) debt structures for aircraft lessor to minimize equity investment while retaining tax benefits and economic upside for aircraft leasing company.

*Advised on the development of a $130mm water storage reservoir that included an additional smaller, upper reservoir that would support a pump storage facility to help a large utility better manage intermittent, renewable energy flows.

*Developed a proposal for a major food services company to acquire and upgrade an inside-the-fence power plant. Project financing was supported by a Comprehensive Services Agreement with an Embedded Operating Lease.

*Arranged debt financing ($25mm) for acquisition of aircraft and parts related to aircraft retirement programs with major U.S. carrier and European carrier.

*Introduced debt defeasance structure to credit challenged tech company for sale leaseback of telecom equipment to monetize unused tax benefits.

*Arranged financing ($5mm), rolled into senior debt, for aircraft “D” checks and other maintenance.

*Structured an $3.0 billion Plan of Finance for the extension of major city’s rail system to their airport. The project had long been stymied due to lack of funding at the state and local level. The Plan of Finance monetized the dormant value of a toll road to generate the state’s 25% project funding match.

*Placement of residual value insurance (up to $12mm) on leasing transactions to achieve desired accounting treatment.

*Developed longevity risk transfer structures in the reinsurance and fund industry to create investment grade indemnity for projected portfolio cash flows.

*Developed an innovative plan of finance for an unsolicited proposal that was accepted by State Entity leading to a competitive RFP for a $900mm commuter rail line, which was awarded to our client and financed.

*Structured and placed the financing for the $11mm purchase of assets from a bankruptcy estate under Sec. 363 of the bankruptcy code.

*Developed a financing plan for a bid that won Phase 1 of major US city’s $2.5 billion expansion of their light rail transit system.  An important factor in the win was a new, deferred payment securitization financing approach to meet the unique financial reporting and funding objectives the regional transit agency required.

*Placed investment risk mitigation products (embedded in $1mm to $25mm investments) at U.S. banks to increase after-tax investment portfolio returns while eliminating potential writedowns from portfolio.

*Structured a $225mm revolving financing facility for an unsolicited proposal for State Entity that utilized an innovative flexible drawdown bond.

*Placed bank debt participations ($2mm to $10mm) related to multiple transactions.

*Structured a $207mm plan of finance for the extension of light rail line for a regional transit agency in support of contractor’s bid.

*Some of these transactions were executed by SFT personnel on behalf of other firms.

Securities and Investment Banking Services are offered through Britehorn Securities, [http://www.britehornsecurities.com], a Registered Broker Dealer, member FINRA [http://www.finra.org/], SIPC [http://www.sipc.org/], 1401 Lawrence Street, Suite 1600, Denver, CO 80203, USA. Phone number 720-465-5305. Please refer to BrokerCheck [https://brokercheck.finra.org/] for more information about Britehorn Securities. SFT Capital, LLC and Britehorn Securities are separate and unaffiliated entities.