North Tarrant Expressway – Fort Worth, TX
While with DEPFA Bank, Victoria Taylor led the financial advisory team to OHL Infrastructure Inc. in its bid to design, build, finance, and operate the North Tarrant Express, a greenfield toll road in North Tarrant, Texas.
The project’s innovative financial structure incorporated a unique takeout of bank debt with a TIFIA loan to allow the project to be financed in an exceptionally challenging financial climate. The financial structure resulted in an exceptionally low all-in cost of capital that benefited both the private sector and public sector client. Victoria oversaw the bidding process to negotiate key terms with the design-build contractor, develop the financial structure, obtain indicative ratings from rating agencies, solicit bids from lenders and obtain preliminary commitments from them, negotiate key documents with the procuring authority, and assemble the project’s fully-funded bid for the client.