One of the leading Russian leasing companies with exceptional credit history and a lease portfolio of solid clientele is seeking the sale of its businessThe Business
The Company is a leading player of Russian leasing market, rated highly by multiple industry ratings. The Company focuses on power equipment leases for major power generation and distribution enterprises.
The Company has actively diversified its business by expanding into other sectors such as transport, machine building, woodworking and mining equipment leases. It has an excellent 15-year credit history with major national banks and solid lease portfolio that can serve as a stable base for new round of business development.
The Company’s lease contract portfolio as of January 2008 (lease receivables) reached approximately USD 290 billion with almost 70% due from the power/energy equipment sector.
Market
As a consequence of a global financial crisis and associated credit contraction, the Russian lease market showed a decline of about 25%, primarily associated with lower mid- and long-term investment activity. However the number of short-term contracts has risen dramatically. For instance transport is up 49% and agricultural equipment up 48%.
Leasing has a high potential due to lack of corporate financing from banks and the growing popularity of leasing as a business tool. The industry trends in 2009 industry trends will be active regional expansion, growth of short term contracts, and market consolidation through M&A and lease portfolio purchases.
The Company shareholders are seeking the sale of a majority share (up to 51%) of business.
Sector: Financial ServicesSegment: LeasingRegion: RussiaFinancing Size: $50 to $100mContact: — —
Company: Link CapitalTelephone: +7 495 786 6661Email: [email protected]