KPMG China is pleased to announce the appointment of Gaurav Ahuja to establish the firm's Debt Advisory practice in the region. Gaurav was previously based in Melbourne, where he was part of KPMG Australia's Debt Advisory practice since its inception in 2003.
He brings over ten years of advisory experience, specialising in providing capital structuring, debt financing and credit advice to a wide range of corporate clients and large scale infrastructure transactions.
Gaurav has experience in a broad range of debt based products including syndicated and bilateral bank debt, acquisition, asset backed and project financing. He is also an experienced financial modeller with responsibility for conducting KPMG's internal financial modelling training throughout the Asia Pacific region.
Grant Jamieson, Advisory Partner, KPMG China says: "In the current economic environment, Gaurav will bring skills that can be readily used across our service lines. The potential savings in financing costs and the transparency to the process that the Debt Advisory Service can develop is relevant to any client needing to refinance existing debt or looking for new financing."
The appointment is timely as several major debt financing deals closed across Asia over the past few weeks, indicating appetite exists for well-structured deals.
Gaurav Ahuja says: "There appears to be plenty of liquidity in the market, however financiers are being thorough in the due diligence they do on borrowers before committing capital. Borrowers that have well considered structures and robust plans to ensure debt remains at sustainable levels should - by selecting financing partners that have an appetite for their particular credit profile - be able to gain ready access to debt funding."
"Debt Advisory Services are attractive to small privately owned businesses as well as multi-billion dollar businesses and multinational companies, so we cover a wide spectrum. My role involves developing capital structures and a capital management strategy to suit a particular business. I help companies decide how best to implement a platform for their financing that is easy enough to expand as and when they reach milestones for their capex and acquisitions," he adds.
- Ends -
KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 144 countries and have 137,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International, a Swiss cooperative. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
KPMG China has 12 offices (including KPMG Advisory (China) Limited) in Beijing, Shenyang, Qingdao, Shanghai, Nanjing, Chengdu, Hangzhou, Guangzhou, Fuzhou, Shenzhen, Hong Kong and Macau, with more than 8,500 professionals.