PT - JOURNAL ARTICLE AU - J. Paul Forrester TI - Project Finance Collateralized Debt Obligations AID - 10.3905/jsf.2002.320286 DP - 2002 Oct 31 TA - The Journal of Structured Finance PG - 37--41 VI - 8 IP - 3 4099 - https://pm-research.com/content/8/3/37.short 4100 - https://pm-research.com/content/8/3/37.full AB - Project-finance collateralized debt obligations (CDOs) will allow portfolio investors a greater opportunity to participate in power and other infrastructure debt markets and will bring additional liquidity and transparency to such markets. Project-finance CDOs also will allow commercial banks, which have a long and successful history with project finance, to better manage their balance sheets and asset-liability mismatches. This article reviews the structures and features of a CDO and why project-finance debt is an attractive asset for a CDO.