Sint Franciscus Gasthuis (SFG) is a Rotterdam hospital that is financing a major renovation with a EUR 50 million loan.
Zanders assisted SFG in this complex process. It was complex because of the difficult economic climate, because of legislation and, last but not least, because of the use of a structured product new to the healthcare sector: a risky roll-over loan combined with risk-curtailing derivatives. But the loan will be guaranteed by the Healthcare Sector Guarantee Fund, or WfZ. This really is something new.
Read MoreWhen cash flows grew more than four-fold in the space of just a few years, the International Committee of the Red Cross realised it was time to reassess its financial structure and needs.
So how did Zanders devise a tailored treasury strategy review that best ensured security while enhancing global operations as well as optimising liquidity and FX risk management?
Read MoreEindhoven is changing from a sleepy provincial city into a vibrant, creative enclave. You can literally see the city changing. Everywhere in the “City of Light” industrial heritage is being made suitable for housing, employment, culture, and entertainment. One of the accelerators of this gradual transformation is the Trudo housing corporation.
Zanders helped Trudo find financing to acquire and renovate the imposing Klokgebouw, an industrial icon in Eindhoven. It marked the start of a far larger operation.
Read MoreThere is now a strong awareness at APG Asset Management that collateral management is crucial when it comes to controlling risks. The bankruptcies in the financial world, such as the fall of the American investment bank Lehman Brothers, have served to considerably strengthen that realisation.
It is therefore no surprise that APG has recently been examining collateral management very closely. Zanders supported APG Asset Management in streamlining this process in what is a highly turbulent period.
Read MoreBeer giant Heineken is centralising its worldwide treasury processes more and more. To support this, Heineken decided to implement SAP Treasury at its head office in Amsterdam. And presented Zanders with the challenge of installing SAP Treasury in compliance with Heineken’s requirements in the space of nine months. Heineken was satisfied, the implementation went exactly according to plan and also stayed within the budget.
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