Directeur Treso et Financements

End to end financial restructuring of the country's largest family owned conglomerate, encompassing debt moratorium with a large banking pool, collateral management, and non core asset disposals. Downsizing of liquify sources in the context of a Chapter 11 like situation.

Scope : An advisory role at a start-up company in the booming offshore wind industry 2020-Present Lead on strategic finance activities, relationship with board members and shareholders, with the key objective to raise equity from business partnerships, venture capital firms or asset managers focused on Energy transition.
- Modelling pre-money valuation and negotiating T&Cs of equity or hybrid/derivative instruments - Lead on the pending EU grant application process (IF, EIC, EIB)

Scope : 7 affiliates - $7.9Bn Sales, $8.1Bn Debt, $11.7 Bn total assets 2017-2019 Leader of a team having responsibility for enterprise risk management (ERM), project and corporate financings of the high growth Oil and Gas downstream champion in Oman.
- Led from start a Board level financial restructuring plan encompassing financial modelling, debt reprofiling, equity raise and asset monetizing in a highly constrained financial and market environment, - Steered a debut $3Bn GMTN programme for future bond issuances, including credit rating process.
- Managed a team responsible for the finance aspects of the $6.7Bn worth Liwa Plastics project, - Restructured a $450Mn project finance facility for the Aromatics unit, - Revived the ERM function, established the framework and policy, and facilitated on more than 160 risks, - Sponsored a cross-functional business continuity programme.

- Roll-out of a reverse factoring program that reduced working capital by €76M/5 days after 1 year.
- Over achieved SEPA requirements for non EUR payments and Payroll.
- Implemented a payment factory serving 67 subsidiaries under SAP and Oracle 11i.
- Extended Credit Insurance to 64 subs, enabling Credit teams to tier portfolios and focus on higher risk customers.
- Rolled out a region wide drill-down on anticipated and committed FX exposures.
- Upgraded cash management of 6 affiliates in Africa with SWIFT connectivity and SAP integration.
- Hedged more than 25 currency pairs, applying ASC815 hedge accounting.

Scope : Retail - Global - €2.0BN Sales - 100M Ebit - 1.1BN Debt - owned by Bain Capital

- 2-y long management of a highly leveraged structure with a consortium of 150 lenders/hedged funds.
- Korea and China: FX hedging program on long term sales contracts (IFRS 9).
- Structured a multi-country cash pooling arrangement in Asia, with a pooling center in Singapore - Monetized a €650M portfolio of interest rate swaps.
- Negotiation of a €1,400M "Staple" Financing in the course of the sale process by Bain Capital PE.
- Built an extensive cross currency notional pooling arrangement in Europe, encompassing 16 currencies, and 120 entities in 19 countries. EMEA idle cash instantly reduced to €40M from €90M.

- Enabled Suez corporate activities to be compliant with Sarbanes Oxley Act, leading 12 internal control coordinators in order to re-engineer key processes (accounting, treasury, tax, legal, IT,...).
- Designed a tailored methodology to address the complexity of the project.

Scope : €26.7B Gross debt (bond + bank debt + commercial paper + EMTN + Securitization) ….-2004
- Created an innovative Suez Group Financing partnership (GIE Suez Alliance).
- Issued €2,500M multi-currency revolving credit facilities, through a syndicate of 41 int’l banks.
- Launched a $1,500M US Commercial Paper Program issued in the US by Suez Finance LP.
- Issued a €1,400M bond issue, then the biggest ever in France, among others.
- Led relationship with rating agencies (Moody's, S&P, Fitch) in a stressed situation
- Managed the pension plan assets of the Water division (11,900 HC).

Scope : execution of acquisitions and disposals at a Corporate level
- $4,165M take-over on the NYSE and subsequent integration of Nalco Chemical Co.
- $418M cash acquisition of US Calgon division from English China Clay / Imetal.
- $150M off Balance Sheet sale and lease Back on Nalco HQ's.
- $830M financial restructuring of the US energy merchant arm.
- 75% disposal of Northumbrian Water Ltd @ £2,323M EV through a leveraged structure.
- 100% sale to Liberty Media of Noos @ €628M EV, the French leading ISP and cable operator.