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Friday, April 19, 2013

Praveen Singla to head Debt Finance, Capital Markets at Cushman & Wakefield

Chennai: Cushman & Wakefield (C&W), a global real estate consultancy today announced the appointment of Praveen Singla as the National Head for Debt Financing Services, as part of its Capital Markets division.

Praveen is a highly accomplished banking professional with debt a focus on corporate bank and project financing, with close to 15 years of experiences, a release said, adding, Praveen will focus on expanding and building the company’s capabilities in this specialized financial service domain and contribute  towards enhancing the company’s strength in the capital markets vertical and debt services segment.

The Debt Financing Services will provide services that will include Debt Syndication, Placement of Treasury Products (Private Placement), Acquisition Financing, Refinancing, Special Situations and High Yield Financing and Trade Credit Advisory. The Debt Financing team will be complementing Capital Markets Group, which currently provides services such as structured equity and debt services, capital advisory including equity raising for pooled funds and programmatic club and joint venture transactions and development project funding.

Commenting on the recent appointment, Sanjay Dutt, Executive Managing Director, South Asia, Cushman & Wakefield stated that, “Praveen’s appointment is a crucial step towards establishing  the new service scope of Debt Financing for C&W. Debt financing at low cost is a key element of Corporate and Developers capital needs engaged in real estate activities. C&W remains committed and well equipped to service our clients with experienced professionals like Praveen Singla and his team.”

Sanjay further added that, “Praveen brings with him in-depth experience in capital markets with expertise in Debt Syndication and structuring, Financial Modeling, Risk Analysis, Assessment and Pricing. With significant experience in lender and investor relationship in the Indian Market, we are confident that under Praveen’s leadership, the company will be able to cater to the financial needs of our clients at its best.”

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