Plan of Finance

Ponder & Co. can ensure that you make sound decisions for funding capital projects - and use the financial product that is best for your needs. Today's hospital CFO has enormous demands on his or her time. Our professionals give you peace of mind by helping you make informal decisions and serving as your advocate in the pricing and structuring of the bond issue. We can help you develop your plan of finance:

• Analyze capital structure and credit profile
• Evaluate debt capacity and sensitivity to additional borrowing
• Analyze debt refunding and defeasance potential
• Assess alternative capital sources
• Evaluate costs and benefits of credit enhancement
• Assess capital mix, alternative debt structures, and rating objectives
• Analyze derivative opportunities and risks
• Develop capital access plans

Here is an example of a "typical" financial advisory engagement:

Client's Objectives	Comprehensive capital financing plan that supports the five-year strategic plan Financing implementation to achieve the lowest cost of capital
Ponder's Role	Assist with developing the capital plan Appropriate levels of debt Types of debt Alternative financing vehicles Evaluate the opportunities and risks of using derivatives Implement capital financing plan Underwriter RFPs Credit enhancement strategy and credit presentations Negotiate fees Coordinate financing team Bond and derivatives pricing

For more information contact Terrence Shirey at 615-613-0211 or .