Odebrecht understands that today’s market demands complete development solutions from the engineering service provider. This also includes the project’s financial equation. With specialized teams, the company has structured the financing projects responsible for making important projects possible.

Multidisciplinary, these professionals have high management and negotiating capacity to allocate and mitigate risks and to always conciliate the interests of all those involved in the project. The team takes care of the following tasks on a daily basis:

• Technical and economic-financial feasibility studies;
• Financing structuring;
• Risk allocation;
• Obtainment of guarantees.

Throughout its history, Odebrecht has successfully structured financing operations in different sectors, primarily those of energy, transport, oil, sanitation and mining. It has closed contracts in the following categories:

• Export financing through Brazilian government programs (BNDES-
  Exim, BB PROEX and SBCE);
• Structured Financing and Project Finance;
• Financing offered by commercial banks – including the obtainment of Political Risk Insurance (PRI) through the main international issuers;
• Public-Private Partnerships (PPPs);
• Financing offered by export credit agencies from different countries;
• Financing offered by multilateral agencies, such as the Andean Development Corporation (CAF) and the Inter-American Development Bank (IDB);
• Fundraising via the local or international capital market;
• Receivables securitization.

In 2007, Odebrecht signed a first-of-its-kind contract with the Inter-American Development Bank. The project was closed directly with the private sector of the development institution, which began to finance the Company’s infrastructure developments in Latin America and the Caribbean. Accordingly, IDB guarantees 50% of the risk assumed by AIG, the main partner of Construtora Norberto Odebrecht (CNO) in insurance-guarantee contracts in the region.