Your results

Based on your selections we believe this content is most relevant to you

Types of contingent funding

LETTERS OF CREDIT

A guarantee from a bank with a strong credit rating to make a payment to the scheme on certain pre-agreed trigger events, in return for a premium from the sponsor.

SURETY BONDS

Similar to letters of credit, however the guarantee is provided by an insurer instead of a bank.

Case studies

Using a Group Company Guarantee to provide support to a well-funded scheme.

Converting a letter of credit to an escrow to avoid trapped surplus upon full scheme buy-in.

BT: combining contingent funding solutions to provide an attractive outcome for all stakeholders.