Infrastructure Finance Conference
Registration Info | Hotel Info | Contact Info | Agenda | Sponsors |Register


 

SMITH's Infrastructure Finance Conference

June 16-17, 2010

The Standard Club

Chicago, Illinois

Crumbling municipal balance sheets and faltering tax revenues threaten to undermine the foundations of America's infrastructure.

The federal government has poured hundreds of billions of dollars into U.S. infrastructure projects over the past few years not only to stimulate the economy but because many of the projects are long overdue. State and local governments play a major role in funding these projects, but everyone’s budget is stretched thin. Pension obligations and other mandates are rising, while the cost of unemployment keeps climbing. Raising taxes is simply not an option. Municipal credit ratings are under pressure like never before. How will state and local governments pay for this?

SMITH's Infrastructure Financing Conference helps participants find and develop actionable solutions to these challenges, including Public-Private-Partnerships (P3)

The conference explores:
The current state of American infrastructure; Roads and highways; Bridge and tunnel repairs; Mass Transit; Airports and airport security; Water & sewer; Public power; Rail projects; Revenue bonds; and the relationship to GOs, and Build America Bonds

 

Since 1992, SMITH’S Research & Gradings has been covering U.S. municipal finance and the municipal bond market. SMITH’S Infrastructure Financing Conference covers this vital area of the U.S. economy.


Who Should Attend?

  • Chief Investment Officers

  • Directors of Taxable & Tax-Exempt Fixed-Income

  • Portfolio Managers

  • Credit Analysts at Investment Firms

  • Wall Street Analysts

  • Rating Agency

  • Financial Advisors

  • Bond Counsel

  • Accounting Firms

  • Bond Insurance
     

SMITH’s Research & Gradings

SMITH’s Research and Gradings was founded by Terence Smith in 1992 to provide independent research and third-party analysis for institutional investors. SMITH’s has become a bellwether research, often predicting significant trends and spotlighting controversial subjects sometimes months before they come to light elsewhere. SMITH's.  provides independent third-party research and analysis for institutional investors.


 


Sponsors and Exhibitors

Sponsors

   
 


Registration Information

Registration Fees

$945 per person General.
$415 Investors.
$330 State/Local Issuers.
Registration fee includes course materials, breakfast, lunch, and breaks during the conference.

Payment by credit card, company check or personal check is required prior to the conference.

Discounts
Groups of 3 Standard or more receive a reduced rate of $850 per person. Groups of 3 or more State/Local issuers - $297 per person.
Groups of 3 or more Investors $375 per person.

Cancellations
Cancellations are subject to a $100 service fee. Cancellations will be accepted up to 30 days prior to the Conference in order to receive a refund.
Cancellations after the 30 day cut-off will receive a registration credit toward a future SMITH’s conference program. Credits will be issued at the original registration rate and will be valid for 12 months. Registration credit requests must be received by the last day of the conference.
 
Substitutions
Substitutions from your company will be accepted any time prior to the conference.

As a SMITH's Conference attendee, you will receive a complimentary edition of SMITH's Research & Gradings — the leading independent source for credit opinions.

 

Program Cancellation
In the event that SMITH's Research & Gradings cancels a scheduled program, all registrants will be notified in writing. Registration fees will be refunded. In the event that a conference is cancelled, SMITH's Research & Gradings cannot be held liable for non-refundable transportation costs. In the case of inclement weather, or acts of God, if the seminar takes place, the registration is not refundable.

 

Complaint Resolution
Address any complaints to Pamela Kilbourn, SMITH's, 20 Poe Court, Fairfield, CT 06825
Fax to 203-659-4773; email to pamkilbourn@smithsresearch.net or phone 203-362-2154. Complaints will be handled in as timely a manner as possible.
 

Privacy Policy & Records Retention
SMITH's values your privacy. SMITH's retains information submitted during the registration process with regard to your name, company and contact information. Credit card information is destroyed once the transaction has been processed. We will never willfully sell, lease, or rent any of your personally identifiable information to any third party

As a SMITH's Conference attendee, you will receive a complimentary edition of SMITH's Research & Gradings — the leading independent source for credit opinions.

Dress Code
Business Casual.

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Hotel
The Standard Club

320 South Plymouth Court

Chicago, Illinois 60604

Phone: 312-427-9100

http://www.stclub.org

A block of rooms is being held until May 17, 2010 for SMITH’s Research & Gradings at a rate of $165 per night. Please call Hollis at The Standard Club at 312-408-2819 for reservations and mention SMITH's for the group rate.

 

Conference Registration

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Nationally recognized as one of the most prestigious private city clubs in the country, The Standard Club has been an integral part of Chicago's business elite and fashionable society since its founding in 1869. The Club is revered as one of Chicago's civic treasures, an organization whose incomparable prestige and principles have attracted the city's business, cultural and charitable leaders for generations.



Contact Information

Phone:
(203) 362-2149
Fax: (203) 659-4773
Email: smiths@smithsresearch.net

Web: www.smithsresearch.net

Mail: TMS Holdings, Inc.,
20 Poe Court, Fairfield, CT 06825

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Conference Agenda

INFRASTRUCTURE FINANCE CONFERENCE

June 16-17, 2010

 

Wednesday, June 16 Agenda
 

12:00pm

 

CONFERENCE REGISTRATION

 

1:00pm

WELCOME REMARKS

SMITH'S OUTLOOK FOR INFRASTRUCTURE FINANCE

SMITH’S has been out in front of public infrastructure financing issues since 1992. The editor & publisher of SMITH’S Research & Gradings presents an overview of the sector.

 

Terence Smith

Editor & Publisher

SMITH's Research & Gradings

 

1:45pm

AMERICA’S INFRASTRUCTURE PROBLEM

This panel discusses the latest environmentally conscious programs and systems and how they can benefit state and local governments.  We'll hear how the State of Illinois' programs can help entities reduce the cost of capital for energy efficiency projects - including the the moral obligation support of the State of Illinois credit enhancement.

 

John Hallacy

Managing Director

Bank of America Merrill Lynch

 

 

2:30pm

COFFEE BREAK

 

3:00pm

GREEN DESIGNS: OPPORTUNITIES IN ENERGY EFFICIENCY

This panel discusses the latest environmentally conscious programs and systems and how they can benefit state and local governments. We'll hear how the State of Illinois' programs can help entities reduce the cost of capital for energy efficiency projects - including the credit enhancement of the moral obligation support of the State of Illinois credit enhancement.

Marnin Lebovits

Senior Funding Manager

Illinois Finance Authority

 

 

3:30pm

P3’S IN 2010 – IS THERE LIFE AFTER THE CHICAGO METERS TRANSACTION?

Chicago's $1.6 billion parking meter privatization of 2009 could provide a roadmap for other municipalities seeking to raise funds in tough economic times. We'll take a look at the Chicago transaction and how other municipalities can learn from the project.
 

Phoebe Seldon

Senior Vice President

Scott Balice Strategies

Additional Panelists to be Announced

 

 

4:30pm

DAY ONE RECAP

 

 

5:00pm

DAY ONE ADJOURNS

 

 

Thursday, June 17, 2010

 

7:30am

 

REGISTRATION

Continental Breakfast

Sponsored by: National Public Finance Guarantee

 

 

8:45am

 

DAY TWO WELCOME

Terence Smith

Editor & Publisher

SMITH's Research & Gradings

 

9:00am

PUBLIC POWER

A discussion about the U.S. Public Power outlook — its challenges and opportunities.

 

James Fuller

Senior Vice President

Chief Financial Officer

MEAG Power

Robert Trippe

Senior Vice President

Chief Financial Officer

American Municipal Power

 

 

10:00am

MORNING BREAK

 

 

10:15am

WATER UTILITIES

We'll focus on America's water systems, including water supply, wastewater and stormwater and the funding of this essential public purpose.

 

Brian Tournier 

Vice President, Director of Credit Analysis

Stern Brothers & Co.

Lori Beary

Community Development Director

Iowa Finance Authority

Steve Grossman

Executive Director

Ohio Water Development Authority

 

11:15am

SURFACE TRANSPORTATION

This panel will review trends, challenges and outlook for the Transportation sector. We'll also look at how the funding problems at the federal level will translate into more leverage for state DOTs and regional toll assets and what this means for investors. This will also likely result in a continuation of greenfield P3 projects as well and what should bondholders think about as they look at PAB deals that in the past were bank financed. We'll here about the regional transportation system segment and the hot debate — light rail or bus rapid transit for new service?

 

Ted Galgano

Managing Director

National Public Finance Guarantee

Michael McDermott

Managing Director

Fitch Ratings

Joseph Costello

Chief Financial Officer

The Regional Transportation Authority

Bryan Grote (Invited)

Co-Founder

Mercator Advisors LLC

 

12:30pm

LUNCHEON

DEAL OF THE YEAR

SMITH’S Research & Gradings presents its Deal of the Year award to the most significant financing in the infrastructure financing sector in the past year. The issuer, investment banker, financial adviser, and credit rating agency involved in the deal discuss the mechanics of the issue.

 

 1:30pm

AIR TRANSPORTATION

Talks of mergers and consolidation in the air transportation sector may present a new set of challenges for airports and investors. We'll take a look at some of the latest trends and the outlook for the sector

 

Michael Boland

First Deputy Commissioner

City of Chicago

Department of Aviation

Peter Stettler

Director

Ricondo & Associates

Seth Lehman

Senior Director

Fitch Ratings

 

 

2:30pm

DAY TWO RECAP

 

3:00pm

 CONFERENCE ADJOURNS

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