Structuring
Luxembourg structuring for businesses with contracted cash flows.
If your business has insured, contracted or recurring revenue, such as export contracts, concessions or leases, we build the Luxembourg partnership and holding structure that lets banks and investors finance it.
What we build
Ownership vehicle
A Luxembourg special limited partnership, with Cordis Capital as general partner, that holds the founders' interests and can admit investors on defined terms.
Holding company
A Luxembourg S.à r.l. that sits between the partnership and the operating business. It is the borrower of record, the entity where value builds up, and the base for later financing.
Financing logic
Insured or contracted cash flows at the operating company build value at the holding company; the holding company and the partnership then support net-asset-value or receivables financing from banks and investors, with proceeds reinvested in the business.
Credit enhancement
Export-credit and receivables insurance, national agencies, Luxembourg's Office du Ducroire, private insurers, arranged with the eventual lender in mind.
Set-up is a fixed fee shared between the parties. Tax and legal design is done with independent counsel. The structure is built so it can be reused for the next contract.