• Project Finance

Calyon is a world leader in project financing, ranking regularly among the top financial institutions in the world as well as in the Asia-Pacific region.

Scope of services and organisation:
The bank is committed to meeting its clients' ownership and financing needs and objectives, in sourcing and structuring financing for projects typically in the sectors of power generation, transportation, infrastructure, oil & gas, or mining.

The department covers new projects under construction (called "greenfield") as well as refinancing, restructuring, and acquisition financing in its sectors of expertise. It operates out of its hubs in Hong Kong (main platform for Asia), Singapore, Tokyo, and Sydney (for Australia), in coordination with the various units of Calyon in the region.

The comprehensive range of products and services includes:
debt arranging and underwriting,
financial structuring,
project risk evaluation,
delivery of capital markets solutions,
financial modeling,
project advisory services.
 

• Export, Trade and Commodity Finance

Trade Finance:
To help clients run their cross-border business more efficiently, Calyon offers a full range of services, including trade and cash facilities, import-export and structured trade finance, forfaiting, bills discounting, pre-export and receivables financing. Specialised teams handle all operational aspects of structured bills and letters of credit transactions. Calyon's extensive branch network and the quality of its correspondent relationships ensure worldwide coverage and assistance to the clientele.
 

• Export Finance:

As a global business line Calyon's export finance department provides corporate customers with competitive, tailor-made financing schemes. Such schemes leverage our valuable sector and regional expertise, and extensive track record in structuring and underwriting export financing packages including multi sourcing and structured facilities in various fields including power, telecommunication, transportation and infrastructure. Calyon maintains close relations with all major export credit agencies (including in Asia, Nexi, JBIC, KEIC, Kexim, Sinosure), bilateral and multilateral agencies, as well as the private insurance market. Calyon's export finance department benefits from the support of its extensive global network including dedicated representatives located in Hong Kong, China, Japan, Korea, Philippines, and Vietnam.
Our clients are provided with competitive solutions based upon Calyon's expertise in industrial sectors and established track record in structuring, as lead arranger, export financing packages.
 

• Commodity Finance in Asia:

Calyon has a strong commodity expertise and provides optimized solutions to its clients. The Asian commodity finance teams, based in Hong Kong and Singapore, are leading players in China's oil financing. The commodity finance experts can provide a wide spectrum of services, including import and export trade finance, structured trade finance, confirmation of trade-related bank risks, financing of receivables, storage and stocks, and have the capability to offer commodity derivatives (OTC swaps and futures) jointly with the dealing rooms.
Structured Commodity Finance offers syndicated finance, generally medium and long term, either for specific purposes or to meet the general working capital requirements of commodity producers (relating to oil & gas, metals, and softs). These loan facilities are secured by export proceeds, thereby converting a payment risk into a performance risk.
Typical transactions are pre-export finance, limited-recourse prepayment through an offtaker, or the various types of barter. Calyon can generally also provide price-hedging solutions. Finance can be raised in the traditional banking market or in the Islamic finance market. The global Structured Commodity Finance team is headquartered in London, with a presence in Russia and representatives in Hong Kong and New York.
 

• Real Estate & Hotels

With an international presence in major places, we have acquired an in-depth understanding of the Real Estate and Lodging sector and offer to our customers our extensive local market knowledge. At Calyon, we have dedicated specialists in Hong Kong, Singapore, Sydney and Tokyo to assist our clients in their local or international development. Our Hong Kong based team is also acting as truly Asia Pacific platform and regional coverage of the leading property funds, real estate corporate, and hotel groups in Asia Pacific.

We cover the following sectors:
any type of property,
hotel industry,
gaming industry.

Our priority objective is to meet our client's financial needs and provide innovative financing & capital market solutions and advisory services.
 

• Shipping

The Shipping Finance team in Hong Kong covers the ship finance business of the Bank in Asia-Pacific Region. It works closely with the head office, the regional units and the product lines to promote innovative solutions tailored to the financial needs in areas such as financing, advisory services, and hedging to clients in the Shipping industry.
Particularly:
medium and long-term mortgage loans (arrangement, underwriting, and syndication),
export financing with ECA guarantee and financial credit,
tax lease structures and off-balance sheet financings,
risk hedging produces: interest rate and currency swaps, foreign exchange lines, bunker cover,
financial advisory,
project appraisals and agency services,
direct investment and equity placements,
cash management.
 

• Aviation

Calyon has been involved in aviation finance for more than 30 years and has earned an outstanding reputation in the market. We build long-term and sustainable relationships with the major airlines enabling us to understand their business and financing priorities. Our aviation group is organized as a one-stop-shop, an integrated global business line with aviation specialists based in Paris, New York, Dubai, Hong Kong and Tokyo. Each client is followed by a senior banker who covers a range of clients and helps provide the full range of our services. We finance the long-haul and regional passenger aircraft, freight and cargo planes and business jets that are operated by commercial airlines, and, in conjunction with Calyon's other business lines, offer a wide range of products and expertise to our aviation clients - passenger and cargo airlines, aircraft leasers, airports and manufacturers.

Amid Calyon's Global Aviation Group, the Asian Aviation Group (AAG) covers all airlines, operating lessors, airports and MRO providers (Maintenance, Repair and Overhaul) in the Asia-Pacific region (defined as all countries in Asia and the Pacific Rim but the Indian sub-continent). In addition to this regional coverage responsibility, AAG is specialized in arranging aircraft financing, acting as Global Arranger and Lender in a wide array of products: export credits, commercial financing, structured tax leases, pre-delivery payment financing, etc.
 

• Energy

Calyon has specialized in the energy field for over 20 years concentrating principally on exploration and production, integrated producers, natural gas processing and transmission, refining and distribution, independent power companies and utilities. Our primary focus is on delivering creative solutions to our clients, in order to address their corporate finance challenges and investment banking opportunities in this field. Our energy specialists spread within our wide network have the proven insight and experience to deliver proper solutions to our clients involved in this promising market.


Telecom and media finance

Calyon's local expertise in telecommunication financing covers virtually all aspects of the industry:

• Fixed line / Broadband,
• Mobile telephony (and its convergence with wireline),
• Cable TV / Satellite Pay-TV (bundling television, telephony and internet services),
• Telecommunications and broadcasting satellites,
• Submarine cable networks.

Meeting clients' financial needs and objectives is a top priority and the bank provides innovative structured financing solutions, including debt arranging and underwriting, financial structuring, project risk evaluation, capital markets services, financial modeling and advisory services.

Calyon is one of the few international banks actively involved in telecommunications projects around the world.

Corporate banking & Syndicated loans

Calyon provides a diversified range of products and services, including short and medium-term financing, cross border facilities, foreign exchange, derivatives and cash management services, all designed to meet our clients' commercial needs and objectives. The bank's multinational and multi-currency credit services include current accounts and deposits.

Our syndication team has the know-how and experience to formulate, structure and tailor loan syndication strategies to meet our clients' funding requirements. We arrange and underwrite a variety of loan and debt instruments for both financial institutions and corporations, such as: Term loans, Floating Rate Notes, Revolving credits and Structured facilities. We also cater to individual requirements including hedging of interest rates and currency risks, and offer secondary market loan trading.

Calyon Syndication Asia is regularly ranked in the top 5 arrangers in the region, positive proof of our position as a market leader in Asia. As a leading regional player, our global network reaches banks and institutional investors with over 1,000 investors and offers access to distribution channels that span the world. Our comprehensive database of syndicate banks means we can execute assignments within extremely tight deadlines.

Acquisition & Leveraged Finance

Pioneering Leveraged Finance in the region, Calyon launched its Asia-Pacific acquisition and leveraged practice with a dedicated team in 2002 and has since then consistently ranked among the top banks for Leveraged Finance in Asia-Pacific.

With a team of 15 professionals located in Hong Kong, Sydney and Tokyo, Calyon accompanies financial sponsors and corporate clients in their acquisition projects throughout Asia-Pacific through a variety of innovative, complex and integrated Leveraged Finance solutions.

Committed to the highest speed of response and execution, Calyon has an unmatched track record as sole MLA and coordinating MLA of high-profile leveraged transactions in Asia-Pacific.

Calyon has been active in transactions across a large variety of industries and countries in the region, supporting its clients in various types of operations, including LBO's, MBO's, leveraged recapitalizations, public-to-private transactions, HoldCo and minority share financings as well as pre-IPO and bridge financings.

Calyon offers comprehensive financing solutions including senior debt, high yield bonds, second lien debt and mezzanine products, as well as derivatives, cash management and agency services, and is able to intervene in foreign and local currency with significant underwriting amounts in most countries.

Cash Management

Calyon has developed a comprehensive Asian Cash Management offer encompassing a full range of services and liquidity management techniques including SWIFT MT101 (Request for Transfer) messages, as well as state-of-the-art electronic banking solutions: the OPTIM® range. OPTIM® electronic banking offers technical and functional versatility and is available either as a client-server application (OPTIM International) or as a pure Internet application (OPTIM.net).

OPTIM® features account management and transaction initiation services both for cash and trade operations, and enables our clients to access all their accounts, regardless of the location or the bank they are held with.
 

Capital Markets

Capital Markets is one of Calyon's main activities, and the promotion of capital market products to the bank's clients is central to our development in the region. Our full range of product offerings, from currency, interest rates and credit to commodities and equity derivatives, allows CALYON to bring tremendous value added to the services our clients benefit from.
 

• Forex & Treasury

Calyon is an active participant in the global currency market, offering an extensive range of foreign exchange and treasury products including spot, forward, options, deposits and currency linked structured products.
The Asian regional hub in Hong Kong provides 24 hours leveraged foreign exchange trading facilities as well as comprehensive coverage for trading in the Asian, European and North-American time zones. Thanks to this global view and a strong local presence in major Asian markets, Calyon is a significant player in JPY, KRW, HKD, NTD, SGD, THB and INR. Since January 2007, Calyon is also a market-maker in RMB.
 

• Interest Rates Derivatives

In today's turbulent financial world, the need to manage risk has gained paramount importance. It is only natural, therefore, that clients seek increasingly sophisticated and innovative products to manage the risks in their business. Our teams are at the forefront of such innovation, and work closely with regional clients to provide interest rates and structured derivative solutions to meet their needs in all major currencies.
Calyon provides borrowers with a wide range of hedging and cost reduction solutions. In addition, Calyon is a leading provider of high-yield investment structures in deposit or EMTN format
 

• Commodities

Based in Hong Kong and Singapore, the commodities team offers flow/transactional business, structured hedging solutions, among which commodities linked structured products.
Focus by industry:
1. Airlines
2. Utilities
3. Sea transport
4. Refiners / Petrochemical
5. Producers: National Oil Companies and mid-tier independents; Mining companies.
6. Investors
 

• Debt & Credit Markets

Managed from Hong Kong with staff located in several places, the debt capital markets team consists of highly experienced professionals covering Asia (ex-Japan). They are committed to the domestic markets while promoting our EURO and USD primary business activities both in terms of public and private placement issues. This team also covers Asset Backed Securitisation products in domestic and cross border markets in Asia. These products are backed by various classes of assets such as consumer loans, credit card receivables, auto loans, leasing receivables, mortgage receivables, non-performing Loans and Collateral Debt Obligations/Collateral Loan Obligations.
The integrated approach amongst origination, syndication, derivatives and trading, supported with global distribution and research capabilities, allows the platform to provide our clients with a full range of fund raising, investments, risk advisory and hedging solutions.
 

• Equity Derivatives

The equity derivatives division of Calyon has a presence in both Tokyo and HK. The Hong Kong office has a trading team as well as an integrated structuring and sales unit, covering all client segments in Asia (ex-Japan) on the world equity markets. Generally, our activities include proprietary trading, arbitrage activities, warrants issuance and sales on equity derivatives and structured equity-linked products and our client segments include most major financial institutions. Since 2006, Calyon also has a Corporate Equity Derivatives dedicated team in Hong Kong, catering to the financing or hedging needs of our Asian corporate clients.


Investment Banking
 

• Debt Advisory Services

The debt advisory services team combines our commercial banking and investment banking expertise to provide a comprehensive range of debt services to clients across Asia.
Located both in Hong Kong and Singapore, the bank's highly experienced bankers have acted as senior steering committee members in many successful debt-restructuring transactions in Asia. They have been financial advisers to listed corporations, providing innovative solutions, or as advisers to Asian financial institutions working out their NPLs. Our successful experience also includes portfolio repackaging, NPLs management, and securitisation.
 

• CLSA

Headquartered in Hong Kong, CLSA is the investment banking, equity brokerage and asset management arm of Calyon in Asia. CLSA Asia-Pacific Markets is widely recognized as a leader in equity brokerage and investment banking services in the region. Their client-focused operation is complemented by their comprehensive research, which has long been accepted as the benchmark for excellence amongst institutional investors, brokers and investment banks throughout Asia-Pacific markets.
 

Located in Hong Kong, the offices of Crédit Agricole's International Support to Middle market clients network assist Crédit Agricole's mid-cap corporate customers in their international operations, by providing a thorough knowledge of the local environment as well as by securing access to a wide spectrum of banking services abroad.