Frequently Asked Questions

1.       In the Final Exam, will I be asked questions about my Case Study Assignment?

No, the Final Exam will not ask any questions about the Case Studies/assignments.  However, a review of the other cases (and the class work on those cases) will serve as a reminder for some points raised in the Final Exam.

 2.      Is the Deal sheet/Identification just one page?

No. A deal diagram (another page) and fuller description will earn bonus marks.

For clarity, do not address Case Study Assignment/Roadshow style of questions in this Deal-Sheet/Identification.

3.       Can I submit a Deal Sheet from Richard Tinsley’s (the Course Instructor’s) books?

 No, the Deal Sheet must not be referenced in the course instructors publications or in these notes.

4.        Do I need to have a calculator?

Yes, a business/financial calculator is preferable.  A must from Session 3 on and for the Final Exam.

5.       What do I need to do to prepare for the individual in-class assignments?

The best way to prepare is to read the notes in advance.

 6.      Must a print-out of the Case Study assigned to me be provided when I hand it in at the Final Exam?

 Yes, mandatory.  The disk can make the ‘Roadshow‘ present better, but please mark whether you want the disk to be part of the mark or not.  Submit your completed Case Study at the Final Exam.  Remember, the Case Study/disk will not be returned after marking.

 7.              I can’t find a deal to nominate for the Dealsheet!

Try the University of Stellenbosch Library website/your student database access code.  There is a publication, Project Finance International, in the Campus library.  Ask colleagues; newspapers; try the publications listed in the notes just after the Glossary.  Failing which, contact the Course Instructor – usually best by email.

8.       “I can’t find the pricing or repayment method for my Deal Sheet.”

 You need all five elements of :

Borrower (SPV name);

Project-Finance Amount and Equity Commitment (if known);

Project Term/Loan Life (Drawdown, Grace Period – if known – and Repayment Period e.g. expressed as “2+10 years”);

Loan/Bond Principal Repayment Method e.g. Equal Semi-Annual repayments; and

Interest Rate Basis plus Margins/Spreads

in order to get the five marks.  Reminder that a deal diagram (showing the financing flows, not just the ownership) is also required.

©  IAF 2009     email: iaf(AT)iaf.biz