Eligibility
Map project risk to available sovereign, DFI, ECA, and multilateral guarantee programs and document additionality.
Guarantees & Credit Enhancement
Risk-sharing instruments that unlock capital and improve terms
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Matching project risk to public, export credit, and development finance instruments
Coordinating providers whose mandates and documentation standards differ
We structure guarantee and credit enhancement solutions that make projects bankable — working with public guarantee programs, export credit agencies, development finance institutions, and commercial insurers.
In US and cross-border transactions, credit enhancement is often what turns a viable project into a financeable one: public programs, export credit support for equipment and services, and development finance cover for the emerging-market side of a deal. Each carries eligibility rules, documentation standards, and conditions that must be met before it responds.
Credit enhancement, public guarantee programs, export credit support, and risk-sharing structures for US and cross-border projects.
Guarantees & Credit Enhancement
Risk-sharing instruments that unlock capital and improve terms
Credit enhancement
Guarantee waterfall allocation
How risk is distributed between sponsors, guarantors, DFIs, and commercial capital providers.
Risk allocation
15%
25%
30%
30%
Cumulative allocation of exposure — the four tranches together cover 100% of structured risk.
Services & capabilities
What we deliver
Discuss this advisory pillar with our team.
Capability detail
Public guarantee programs
Advisory on federal and state guarantee and support programs — eligibility, conditions, and the process behind them.
- 30%+
Cost reduction
Typical improvement in financing terms with guarantees
- 10yr+
Tenor extension
Beyond commercial market limits with credit enhancement
How we've helped
Credit enhancement
Guarantee package for a cross-border energy transaction
We structured a risk-sharing facility combining export credit support with development finance cover — extending tenor and reducing the weighted cost of capital enough for the transaction to clear credit approval.
Read moreOur approach
A disciplined approach to capital advisory
We match project risk to the instruments actually available — public, export credit, development finance, and commercial — then negotiate documentation so the cover responds when it is called.
Design
Structure risk-sharing layers — first-loss, pari passu, partial cover — integrated into the overall financing stack.
Negotiate
Manage term sheets and legal documentation with guarantors and senior lenders to avoid covenant conflicts.
Close & report
Support financial close conditions and ongoing reporting to guarantors through the life of the instrument.
Client outcomes
- Projects that reach financial close with improved terms and extended tenor
- Risk allocated clearly between sponsors, lenders, and guarantors
- Guarantee structures documented to the standards each provider requires
- Lower cost of capital through credit enhancement placed where it counts
Latest insights
Guarantees & Credit Enhancement
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POLICYApril 14, 2026 · ESG & impact
ESG Integration Across the Investment Lifecycle in European Markets
IMPACTSector application
Industries we serve
Infrastructure
Core mandate: structuring bankable infrastructure investments
Electric Power & Natural Gas
Infrastructure finance for energy transition and grid modernization
Financial Services
Advisory for institutional investors and financial intermediaries
Public Sector
Bridging policy objectives with private sector investment capability
Related expertise
Explore other advisory pillars
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Funding & Capital Mobilization
Mobilizing capital for bankable projects, public programs, and cross-border investment
Risk Management Advisory
Risk intelligence and mitigation for capital-intensive US and cross-border mandates
Fund Management & Investment Structuring
Investment vehicles built for governance, institutional subscription, and scale
Legal, Securities & Escrow Advisory
Legal, securities, and escrow architecture for US and cross-border investment
Wealth & Asset Management
Preserving and deploying private capital with institutional discipline
Private Equity Advisory
Deal, holding, and capital structures for private equity and co-investment
Sovereign & Infrastructure Advisory
Public programs and infrastructure delivered with institutional discipline
Contact us
Discuss your mandate
Discuss this advisory pillar with our team.