External financing of municipalities and municipal enterprises
A practical guide to dealing with banks for community leaders and community-owned businesses
06/13/2024 ONLINE
Special knowledge
1 day
EUR 1.650,- plus VAT.
Eva Maltschnig
Senior consultant
Schwabe, Ley & Greiner
Content
Basic considerations of what factors are involved in external public financing, what finance officers should look for in planning, bidding, negotiating, and documenting financing, and reporting requirements.
Main topics
Basics
- What are the tasks of the cash manager in the company?
- What are the minimum standards to be taken into account in the organizational structure & process organization?
- What are the differences in the accounting or treasury perspective? Which business management approaches do you need to understand?
- What are the requirements vis-à-vis banks?
- What are the current trends in cash management for large and small companies?
Financial strategy and credit rating
- What are the building blocks of a public sector financing strategy?
- What are the credit ratings?
- What methods are used to classify states, countries, and municipalities?
- Do publicly owned companies have creditworthiness advantages and how do these affect the equity commitment to banks?
- What is the relationship between credit rating, maturity and margin?
- How can the appropriateness of a margin be assessed?
Financial instruments
- Which bank loans are relevant for public institutions?
- When are capital market instruments such as bonds or promissory bill loans advantageous?
- What functions do public-private partnerships fulfill?
Financing process
- Planning
- Tender
- Negotiation
- Documentation
- Reporting requirements
Risk
- Do public institutions have liquidity risks?
- What are the options for establishing liquidity reserves?
- What criteria should be met by banks where funds are invested?
- What are the interest rate risks, how can they be measured and limited?
Group of participants
Mayors, finance officers, members of finance committees, municipal councils, managers, employees and supervisory bodies from administration, public institutions and publicly owned companies who work in the area of financing, conduct financial negotiations or control financing.employees and managers who work in cash management or are responsible for it as well as corporate account managers from banks who want to get to know the day-to-day business of their customers from their perspective.
Targets
Seminar participants are familiar with the main factors influencing external financing of the public sector and are able to implement borrowing in a targeted manner as part of a structured process. They are familiar with key financing instruments and are able to understand and classify financial risks and have a basic knowledge of how to manage them.
Feedback from our customers
I liked the small group and it was just right in the constellation.
Do you have any questions?
Marc Baumgärtner
Seminar organization
Treasury Training
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