Public-Private Partnerships

As a U.S.-based institution with a deeply rooted regional presence and solid relationships with over 500 state/local public clients, KeyBanc Capital Markets excels at understanding and evaluating the sensitivities and needs of local constituencies and public officials. Leveraging senior banker expertise and active monitoring of political developments and dynamics allows us to respond to our clients’ financing needs and address all procurement issues quickly and efficiently.

Since 2012, our Public-Private Partnership infrastructure platform has partnered with the private and public sectors to provide debt solutions on a project finance basis to securitize public infrastructure assets. With the privatizing of these public assets, risk allocation and operating efficiencies between the public and private sector are maximized during construction and long-term operation. Through the Public-Private Partnership practice at KeyBanc Capital Markets, we provide long-term bank debt, full tax-exempt/taxable private activity bond underwritings, bank loan syndications, private placements, swap derivative products, and financial services for both the buy and sell side.

The KeyBanc Capital Markets Public-Private Partnership team provides project financing for a wide variety of equity sponsors, construction companies, and concessionaires with varying needs. Specific focus sectors include:


  • Roads, Highways & Toll Roads
  • Rest & Service Areas
  • Bridges & Tunnels
  • Airports
  • Marine Ports
  • Light Rail & Mass Transit
  • Parking

Social Infrastructure/Other

  • K-12 Schools
  • Higher Education
  • Municipal Buildings & Facilities
  • Cultural & Entertainment
  • Lotteries
  • Liquor

Alternative Finance

  • Water
  • Wastewater
  • Electric & Transmission

KeyBanc Capital Markets provides a full suite of complementary financial services including:

Balance Sheet Lending

  • Mini Perms

Investment Banking and Bond Underwriting

  • Private Activity Bonds
  • Municipal Taxable and Tax-exempt Bonds

Treasury Management Services

Equipment Leasing

Equity Standby Letters of Credit

KeyBanc Capital Markets also offers a wide range of capital market solutions including:

  • Syndicated Finance
  • Public Finance
  • Interest Rate Derivatives
  • Investment Solutions
  • Mergers & Acquisitions
  • Debt Capital Markets (CTL’s & Private Placements)