North American Sponsor of the Year 2012 : Hochtief, Featuring — Anne Rabin
Anne Hird Rabin — a high caliber, results-driven, infrastructure industry leader was featured in a case study conducted by IJGlobal. The case study focuses on Hochtief, a German construction company. As former senior vice president at Hochtief PPP Solutions GmbH, Anne shared interesting insights on the topic.
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“In the US we dont have the interest of the banks in doing long-term funding beyond a small group says Anne Rabin, senior vice-president at Hochtief PPP. So for the bank financing, we look at it more in relation to construction and milestone payments, and for the long-term funding, most of the projects rely on a TIFIA loan, which provides fixed-rate, low-rate funding and crucially theres also no negative carry.”