THE EXPANDING SCOPE OF INFRASTRUCTURE
Infrastructure investing is entering a new era, one defined by an increasingly dynamic set of opportunities emerging across sectors, geographies, and stages of development.
As technological innovation and shifting global priorities continue to expand what constitutes investable Infrastructure, the importance of flexible capital solutions will only grow. Firms capable of combining varied sector experience with multistage financing platforms, like PGIM, will be positioned to guide this next phase of growth.
Overview
SUPPORTING INFRASTRUCTURE WITH OUR KNOWLEDGE AND COMMITMENT
With partners around the globe, our infrastructure finance professionals provide long-term debt financing for transportation infrastructure, such as ports, airports, roads, bridges, tunnels, passenger & freight rail, and shipping terminals. Additionally, we also provide financing for Public Private Partnerships involving transportation, social & government infrastructure worldwide, with a focus on North America, Western Europe, and Australia.
We provide capital and structure in complex transactions for a wide variety of asset types globally. Our investment philosophy is based upon the financing of crucial, durable, capital intensive assets with competitive barriers that address key social or economic needs.
We provide capital and structure in complex transactions for a wide variety of asset types globally. Our investment philosophy is based upon the financing of crucial, durable, capital intensive assets with competitive barriers that address key social or economic needs.
Typical size, structure, uses, and features▼
Typical size
- Senior debt: $10 million - $300+ million
- Subordinated debt: $10 million - $100+ million
- Preferred equity: $10 million - $50+ million
Structural characteristics
- Fixed / floating rate
- Unsecured / secured
- Maturities of 3 to 30+ years
- Amortizing or bullet maturities
- Senior debt, alongside subordinated debt / equity (if needed), for a seamless solution with a single, relationship-oriented capital provider
- Project finance or traditional corporate issuance
- Assets may be directly owned or operated through a long-term concession or contract
Typical USES
- Sea ports, airports, roads, bridges, tunnels, passenger & freight rail, shipping terminals, water & wastewater, and stadiums & arenas
- Financings for Public Private Partnerships involving transportation, social & government infrastructure worldwide
- Traditional and alternative energy
- Digital infrastructure
Issuer Features
- Supportive, patient, relationship-oriented partner
- Deep pockets to provide follow-on capital to fund your future growth
- Understanding the complexities of your particular business
- Capacity to fund across your capital structure with senior debt, subordinated debt, and preferred equity
