Press release -
Elite Capital & Co. Maintains Its Stability, Displays Solid Strength Despite the Circumstances of the Global Economy and Makes the TOP 50 COMPANIES List of CEO-Insight
London, UK (AGENCIES) January 15, 2015
Dr. Faisal Khazaal, chairman of Elite Capital & Co. Limited (ECC), announced today that “the listing of our name in the TOP 50 COMPANIES announced by the specialized and prestigious CEO Insight Magazine in its January 2015 issue in Britain and the European Union countries is the result of focused efforts and synergy between the ECC Board of Directors and our employees and strategic partners all over the world over the past years. It also reflects the ability of the Company’s strategy to adapt to the prevailing global economic circumstances and testifies to the viability of the planning process adopted by the Board of Directors.”
In his comment on the occasion, Dr. Khazaal added that he should thank his British colleagues, who co-founded Elite Capital & Co. Limited with him in 2012, Mr. George Matharu, President and CEO and Mr. Simon Thomas, Vice President for finance and Board Member. He emphasized that the Board of Directors would make ceaseless efforts toward ensuring that ECC continues to occupy a prestigious position in the field of finance and economy in the world markets and among the leaders in global finance.
"Our services are suitable for all types of Infrastructure Projects in either Greenfield (Pre Operations Stage) or Brownfield (Operations Stage) including but not limited to Sea Ports, Airports, Railway, Bridges, Roads and Highways, Water and Sanitation Utilities, Energy, Communications, Hospitals, Schools and Social Infrastructure etc. This includes other projects or activities that impact positively on the relevant country’s basic infrastructure including the manufacturing of components used in infrastructure (such as cement and steel) and infrastructure associated with mining and agribusiness," Dr. Faisal Khazaal, Chairman of Elite Capital & Co. Limited, said.
Projects operations accepted by Elite Capital & Co. Limited can be either BOOT (Build, Own, Operate, Transfer) BOO (Build Own Operate), BOT (Build Own Transfer), BTO (Build, Transfer, Own), BT (Build Transfer), BLT (Build, Lease, Transfer), BRT (Build, Rent, Transfer) or PPP (Public Private Partnership).
ECC's services depend on four types of "Funding Collateral":
1. Commercial Bank Instruments; Bank Guarantees, Bonds, Medium Term Notes, or other Bank Debt Instruments issued by banks rated ‘B+’ or better, but this can be reviewed on a case-by-case basis.
2. Sovereign Guarantee; Elite Capital & Co. Limited is able to facilitate funding for Government and Infrastructure Projects against a Sovereign Guarantee subject to the Sovereign Guarantee being ratified by the relevant authorities and departments, namely the Central Bank and Ministry of Finance in the respective countries. In some cases the Sovereign Guarantee may need to be confirmed by a Commercial Bank.
3. Resource Guarantee; The option is available to fund projects against a Resource Guarantee such as an Oil Guarantee or any other significant and valuable minerals or resources that the country has may also be considered.
4. Promissory Notes; Corporate Promissory Notes endorsed by a commercial bank can be useful if the project has bankable assets that can be used for leverage financing.
Dr. Faisal Khazaal concluded his statement by saying: “We thank all our supporters and all those who put their trust in us since the establishment of the Company. I would also like to congratulate each of the 49 other companies who appeared on the TOP 50 COMPANIES list, and look forward to collaborate with them in the near future.”
-- Download copy of the CEO Insight's report "TOP 50 COMPANIES” List of 2015 –
http://elitecapital.eu/files/CEOTop50.pdf
-- Download copy of the CEO Insight's article about ECC –
http://elitecapital.eu/files/CEOEliteArticle.pdf
-- Download copy of the CEO Insight's interview with Dr. Faisal Khazaal –
http://elitecapital.eu/files/CEOEliteinterview.pdf
-- Contact Details --
THE UK HEAD OFFICE
Elite Capital & Co. Limited
14 Basil Street
Knightsbridge
London, SW3 1AJ
United Kingdom
Telephone: +44 (0) 203 7555 327
Facsimile: +44 (0) 203 725 9922
Website
http://www.elitecapital.eu
Topics
- Economy, Finance
Categories
- business
- eu
- europe
- finance
- financial
- investment
- les
- loan
- services
- uk
- elite capital
- ecc
- banking
- loans
- credit line
Company Description:
Overview
Elite Capital & Co. Limited is a private limited company that provides project related services including Management, Consultancy and Funding, particularly for large infrastructure projects.
Elite Capital & Co. Limited has its head office in London (UK), with our Board Members, Staff and Agents being located across the Middle East, Asia and Europe. We have multi lingual staff to ensure that we can accommodate all of our client’s needs.
Elite Capital & Co. Limited offers a wealth of experience in Banking & Financial transactions and has a range of specialized advisory services for private, SME or corporate clients.
When required we can also customize and structure our products and services to meet the specific needs of our clients. We will continue to customize, structure, create and implement funding products and services as the need requires.
Elite Capital & Co. Limited has made strategic alliances with several organizations and companies which have given us access to international markets in Asia, Africa, Middle East and GCC regions. This has given Elite Capital & Co. a substantial foundation of clients to build on, in addition to access to the markets that are most in need of the products and services we offer.
Aim
The aim of Elite Capital & Co. Limited is to facilitate the commencement and completion of Infrastructure projects, stimulate economy, create employment and combat poverty.
Types of Project
Our services are suitable for all types of Infrastructure Projects in either Greenfield (Pre Operations Stage) or Brownfield (Operations Stage) including but not limited to Sea Ports, Airports, Railway, Bridges, Roads and Highways, Water and Sanitation Utilities, Energy, Communications, Hospitals, Schools and Social Infrastructure etc. This includes other projects or activities that impact positively on the relevant country’s basic infrastructure including the manufacturing of components used in infrastructure (such as cement and steel) and infrastructure associated with mining and agribusiness.
Size of Project
Minimum of USD 10M (United States Dollars Ten Million) and upwards.
Loan to Value
Up to 100% of project financing required.
Term
Up to 15 years for the design, build and finance component and up to 30 years for the ongoing operation component.
Operation
Projects can be either BOOT (Build, Own, Operate, Transfer) BOO (Build Own Operate), BOT (Build Own Transfer), BTO (Build, Transfer, Own), BT (Build Transfer), BLT (Build, Lease, Transfer), BRT (Build, Rent, Transfer) or PPP (Public Private Partnership).
Locations
All countries can be considered. Countries currently engaged in war or politically unstable environments or sanctioned countries will not be suitable. All projects must adhere to local and international environmental, health, safety and social standards as required.
Suitable for
Privately held projects, Public & Private Infrastructure Operators, National & Local Governments, NGOs and Financial Institutions.
Funding Collateral
Commercial Bank Instruments; Bank Guarantees, Bonds, Medium Term Notes, or other Bank Debt Instruments issued by banks rated ‘BB+’ or better, but this can be reviewed on a case-by-case basis.
Sovereign Guarantee; Elite Capital & Co. Limited is able to facilitate funding for Government and Infrastructure Projects against a Sovereign Guarantee subject to the Sovereign Guarantee being ratified by the relevant authorities and departments, namely the Central Bank and Ministry of Finance in the respective countries. In some cases the Sovereign Guarantee may need to be confirmed by a Commercial Bank.
Resource Guarantee; The option is available to fund projects against a Resource Guarantee such as an Oil Guarantee or any other significant and valuable minerals or resources that the country has may also be considered.
Promissory Notes; Corporate Promissory Notes endorsed by a commercial bank can be useful if the project has bankable assets that can be used for leverage financing.
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