EFTA Document EFTA01386820

RIN 11.094 Alpha Group Capital LLC 90 ea 70 ea so 40 30 20 10 0 St Historical Infrastructure Debt Issuance ($ billions)* 2014 2015 2016 Nov.17 Historically, the majority of debt capital used to finance private sector acquisitions of infrastructure assets has been provided by the bank loan market, with European banks playing a dominant role. Insufficient private Event-Driven financing has been exacerbated by increasingly constrained bank lending resulting from: • Increased b