Welcome to CFSD Group LLC
We provide utilities with syndication advice and transaction structuring in securing debt funding from local and regional banking institutions.
Our utility clients and their stakeholders benefit from an additional diversified and cost-effective source of financing complementary to money center back-up facilities, and from community, government, and local regulatory goodwill. Additionally, they benefit from job creation and an improved local economy resulting from financial capital remaining in the community.
Participating banks also accrue significant benefits. These include a strengthened loan portfolio allowing them to loan more of their resources to local borrowers, increased standing in the financial community, opportunities to participate in further syndications, and an enhanced visibility and goodwill in the local community.
Our clients choose us based on our depth of experience and our proven ability to close transactions. Our partners have decades of experience in financial services, utilities regulation, and the utilities industry. We leverage this experience by facilitating syndication opportunities between utility companies and regional and local banks.
CFSD Group LLC clients have now closed twelve significant financings aggregating over $1.1 billion. A thirteenth is now contracted. All of these transactions were oversubscribed at market prices and closed on schedule. The average oversubscription has been 52%.
Regional and local bank syndications provide a risk management tool based upon a diversified and cost effective local financing complementary to, but not dependent upon, LIBOR-based wholesale funding.
Can your utility make this statement? In the current economy, borrowing from local and regional banks can have a significant and constructive impact on the local community, and can be viewed positively by political and regulatory constituencies.