Shashank Rath, Senior Manager Corporate Finance

Shashank Rath

Senior Manager Corporate Finance

National Bank of Oman

البلد
عمان - مسقط
التعليم
دكتوراة, Finance
الخبرات
21 years, 1 أشهر

مشاركة سيرتي الذاتية

حظر المستخدم


الخبرة العملية

مجموع سنوات الخبرة :21 years, 1 أشهر

Senior Manager Corporate Finance في National Bank of Oman
  • عمان - مسقط
  • أشغل هذه الوظيفة منذ سبتمبر 2013

• Project financing for a government backed entity in Oman for setting up a large real estate and infrastructure project consisting of multiple hotels, business parks, energy center, etc. - financial modeling, preparation of information memorandum, arrangement of debt and achieve financial close (Ongoing)
• Private placement of subordinated debt for bank in Oman - assessing appetite, development of marketing and subscription documents, negotiation of terms with investors and support till financial closure (Ongoing)

• Sell-side advisor for 30% equity in a 250-room five star hotel project in Oman - interaction with investors, assistance through due diligence process. and support to deal closure (Deal size confidential)
• Sell-side advisor for sale of equity (minority stake) in a regional O&G services company - develop financial model and PPM, interaction with investors and assist seller through to deal closure (Ongoing)
• Part of internal team for National Bank of Oman USD 500 mn Euro Medium Term Note (EMTN) program - issue successfully structured and subscribed

• Issue Manager for Initial Public Offer of Takaful Oman Insurance SAOG (under formation) (Issue size USD 10.4 mn) - oversubscribed by more than 5 times

Director في Synergy Consulting
  • الهند - دلهي
  • يونيو 2011 إلى أغسطس 2013

M&A and Bid Advisory

• Buy-side commercial due-diligence, valuation, deal structuring, negotiations and SPA assistance for acquisition of an Italian EPC company (Deal size ~USD 15 mn)

• Buy-side assistance (full bid advisory to Integrated Transport Company, KSA i.e. financial modeling, finalization of term sheets, JDA negotiations partners, etc.) in relation to privatization of the Saudia’s MRO business unit Saudia Aerospace Engineering Industries (SAEI). ITC purchased 30% equity of SAEI (Deal size confidential)

• Buy-side commercial due-diligence and valuation for stake purchase in an automobile after-market service provider in Saudi Arabia (Deal size confidential)

Bid advisor to the TAQA-QEWC consortium for the 2000MW Rabigh 2 IPP in Saudi Arabia: commercial evaluation/ review of project documents financial modeling, interaction with lenders, tax, legal, technical advisors, etc. (Project value ~USD 3 bn)

• Bid support (valuation and fund raising assistance) in relation to a stake purchase in a commercial real estate compound in Saudi Arabia (Estimated value ~SAR 65 mn)

• Bid support (valuation and bid preparation) in relation to a commercial real estate project (office, hotel and car parking) in Saudi Arabia (Estimated value ~SAR 150 mn)

• Pre-transaction analysis (valuation and transaction structuring) for a potential merger between a Saudi pipe manufacturing company and a regional subsidiary of an large Indian pipe manufacturing entity

Project Finance/ Debt Advisory

• Debt refinancing for KSA based business group with investments in power, water and infrastructure - financial modeling, development of information memorandum, preparation of term sheets and negotiation with lenders and support till financial close (Deal size ~USD 450 mn)
• Debt restructuring for a UAE based construction company - financial modeling, preparation of information memorandum, interaction with lenders, finalization of restructuring plan (Deal size ~USD 45 mn)
• Fund raising for a Saudi based EPC company - preparation of information memorandum, financial model, interaction with lenders/ investors (Estimated value ~USD 40 mn)
• Project financing for a 216 MW hydroelectric project in Nepal (to be the largest private sector FDI in the country) - discussions with off taker/ Gov. of Nepal to develop commercial framework, interaction with lenders, legal and technical advisors, financial modeling to determine tariffs, etc. (Project value ~ USD 600 mn) • Project financing for 170 MW CCGT project in Bangladesh - review of project documents, interaction with lenders, financial modeling to determine tariff, etc. to close financing (Project value ~ USD 200 mn)
Other Financial Advisory

• Financial model audit and determination of funding strategy for a medium-sized hydroelectric plant in Nepal - conducted in-house training for senior management on key aspects of non-recourse financing • Financial advisor to the East Africa Power Pool - Interacted with World Bank and African Development Bank on availability of funding. Development of financial model and funding plan for the ET-KY Interconnection
• Developed the Infrastructure Action Plan for the Energy Sector in Seychelles - analyzed existing infrastructure, regulatory and commercial environment, estimated investment requirements based on identified improvement areas and presented a mechanism for prioritization of projects

Manager - Transaction and restructuring في KPMG
  • البحرين - المنامة
  • أكتوبر 2008 إلى مايو 2011

M&A Advisory

• Buy-side advisor of Bahrain based PE house, involving review of Target’s business plan, for acquisition of Qatar Construction - a leading EPC company in Qatar (Deal value ~USD 135 mn) • Buy-side advisory to a Bahrain-based investment bank, including due diligence and financial modeling, in relation to its proposed equity purchase in a UK-based super-specialty hospital (Deal size ~USD 210 mn) • Buy-side business due diligence and valuation for a regional conglomerate for their stake purchase in Bahrain Broadband Company - which provides wireless broadband services in Bahrain (Deal size confidential) • Sell-side advisory to a leading Omani bank in divesting their North Africa business operations, including development of marketing materials, assistance on due diligence, negotiation assistance, etc. • Commercial due diligence and valuation for a regional investment bank for its proposed investment in a Bahrain based telecom company • Target identification for a regional nationalized commercial bank for a proposed acquisition in North Africa • Transaction structuring for a Bahrain-based PE house to determine suitable location of off-shore SPV considering tax implications, for their proposed investment in healthcare sector in Turkey • Fund raising assistance (equity and debt) to a GCC-based green-field industrial manufacturing project developed by a Bahrain based private equity house (USD 250 mn)

Business Plan & Strategy • Prepared capital structuring options paper to estimate revised capital requirements and capital allocation principles for a USD 108 million real estate services company floated by a leading Islamic bank in Bahrain • Developed 10-year business plan and corporate strategy for a large Qatari business conglomerate with various group companies involved in real estate, financial services and other service industries • Preparation of private placement memorandum of a technology company providing ICT services across the GCC region, including of review of business plan, for equity raising (Deal size ~USD 40 mn) • Developed business plan for a green-field ceramic product manufacturing plant in Qatar - this included market analysis to analyze the existing demand-supply situation and preparation of a financial model • Conducted market assessment for forged metal products in the oil & gas services sector in the region, and developed a financial model for a manufacturing plant in KSA to produce such products in the region

Senior Consultant - Government Reforms and Infrastructure Development في Pricewaterhouse Coopers
  • الهند - جورجاون
  • أكتوبر 2005 إلى سبتمبر 2008

M&A Advisory Capital Market Transactions
• Transaction Advisory (buy-side/ sell-side) - Identification/ evaluation of investment opportunities, buy-side due diligence, risk analysis, share purchase agreement review, etc. • Private Placement - Interactions with investors/ targets, preparation of investment teasers, information memorandums, due diligence, data room support, negotiation assistance, etc. • Issue Management - Development of deal documentation, coordinating with regulators for approvals, marketing, handling subscriptions, allocation and listing (where applicable). • Financial Modeling - Developed and reviewed complex MS Excel based financial models for valuation, bid preparation, project feasibility, analysis of funding requirements, etc.
Project Finance / Bid Advisory
• Project Structuring - Design financing structures using various facilities including Equity Bridge Loans, Senior and Junior Debt, Mezzanine, etc. for debt financing/ debt restructuring • Limited or non-recourse financing - assessing availability/ terms of debt, market liquidity • Negotiation of Term Sheets - determination of margins, hedging strategy, covenants, etc. • Contract Analysis - Review/ design/ negotiation on bid documents, concession agreements, power/ water purchase agreements, share purchase agreements, EPC and O&M contracts, etc.
Corporate Strategy/ Business Planning
• Analysis of business drivers of company/ industry to develop its strategic/ restructuring plan • Evaluation of available strategic options, value chain analysis, SWOT analysis, benchmarking • Advised various Governments and Government entities on policy and regulatory matters related to energy & utilities sectors, focused on attracting private sector participation

Associate , TAS في ENY
  • الهند - حيدر اباد
  • مايو 2005 إلى أكتوبر 2005

Financial Modeling - Developed and reviewed complex MS Excel based financial models for valuation, bid preparation, project feasibility, analysis of funding requirements, etc.
Project

Software Engineer في Atrenta India
  • الهند - حيدر اباد
  • يونيو 2001 إلى يونيو 2003

الخلفية التعليمية

دكتوراة, Finance
  • في Indian IInstitite of Management ( IIM Calcutta )
  • يونيو 2005

Post Graduate Diploma in Management – MBA in Finance and Strategy

بكالوريوس, B. Tech (Honors) in Electronics Engineering
  • في Indian Institute of Technology (IIT) – BHU, Varanasi
  • يناير 2001

B. Tech (Honors) in Electronics Engineering

Specialties & Skills

Corporate Finance
Investment Advisory
Project Finance
Strategy Development
Financial Advisory
business development, deal origination , Corporate Finance ,

اللغات

الانجليزية
متمرّس
الهندية
متمرّس