Structured Finance

Kursaal Oostende

We were approached by PricewaterhouseCoopers to structure the financing of the refurbishment of the Kursaal (Civic Center) of the City of Oostende. Working together with Deutsche Bank, London, PayneOakland provided a solution which allowed the city of Oostende to finance the refurbishment without posing a burden to its budgetary situation by using the present value of the rental stream’s inflation strip as equity.