CISCO
 

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Public Sector Advice

 
Contracting Authority Project Description
Central Slaughterhouse Board 81/2% Guaranteed Debenture Loan Capital Stock 1991/1992
81/2% Guaranteed Debenture Loan Capital Stock 1998/1999
73/4% Guaranteed Debenture Loan Capital Stock 2005/2006
Mandated as advisor, underwriter and lead-manager in the first transaction where public sector bonds were underwritten by a private financial services firm, to raise £2m. of loan capital stock with sinking fund provisions to develop and operate a modern central slaughterhouse in Kofinou. CISCO was further retained twice to manage the re-financing / re-issue of the bond.
Nicosia Municipality 81/2% Guaranteed Debenture Loan Capital Stock 2006/2007 Mandated as lead-manager by the Nicosia Municipality to raise loan capital stock with sinking fund provisions, to finance the development of the Nicosia swimming pool arena, development of parking spaces and redevelopment of the Old EAC building to an arts centre.
Nicosia Water Board 8% (1995)-81/4% (1998) Guaranteed Debenture Loan Stock Mandated as advisor, underwriter and lead-manager by the Nicosia Water Board to raise funds for financing the Lakatamia-Engomi pipeline, the Lakatamia Water tower, installation of an electronic information and control system.
Cyprus Land Development Organisation 8% Guaranteed Debenture Loan Capital Stock 2000/2001 Mandated as advisor, underwriter and lead-manager by the Land Development organisation to raise funds for its operations.
Limassol Municipality 7,3% Guaranteed Debenture Loan Capital Stock 2007/2009 Mandated as advisor, underwriter and lead manager to the raising of a £5.000.000 loan capital stock to be used by the Municipality to redevelop the traditional market place, the town's old sports stadium, develop green areas, roads, pavements and other construction projects.
Cyprus Development Bank Loan Stock with floating interest rate 1999/2001 Appointed lead manager in the £5.000.000 loan capital stock issue to finance the operations of the Cyprus Development Bank.
Cyprus Tourist Development Co. Reduction of Republic of Cyprus shareholding in CTD (Nicosia Hilton Hotel) Advisor to the Republic of Cyprus & Cyprus Tourist Development Company on a capital restructuring aiming to reduce the stake of the state in CTD. The Government then proceeded with a divestiture of its holding to a private firm.
Cyprus Airways Reduction of Republic of Cyprus shareholding by means of a £25mln. rights issue Advisor to the Republic of Cyprus & Cyprus Airways on a capital restructuring aiming to reduce the share-holding of the state in the Cyprus Airways.
Cyprus Airways Takeover of New Olympic Airways Participated in the team of advisors to Cyprus Airways on its tender offer for the acquisition of majority stake in the restructured Olympic Airways
Ministry of Communications and Works Autonomy of Cyprus Airports & Sale of an Equity Stake to a Strategic Investors Mandated in consortium with PWC, Arnheim Tite & Lewis, Lellos Demetriades to consult the Cyprus Government on the development of the Cyprus Airports

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