Default risk in project finance

R Klompjan, M Wouters - Journal of structured finance, 2002 - research.utwente.nl
Understanding default risk in project finance is relevant to investors. This article investigates
which factors are most strongly associated with the occurrence of project finance default …

Basel II: Assessing the Default and Loss Characteristics of Project Finance Loans

B Esty - 2003 - papers.ssrn.com
In June 1999, the Basel Committee on Banking Supervision (part of the Bank for
International Settlements) announced plans to revise the capital adequacy standards for …

Credit attributes of project finance

C Beale, M Chatain, N Fox, S Bell… - The Journal of …, 2002 - pm-research.com
Earlier in 2002, the Basel Committee on Banking Regulation put forth new capital-
requirement proposals that would penalize project finance based on the hypothesis that this …

The nature of credit risk in project finance

M Sorge - BIS Quarterly Review, December, 2011 - papers.ssrn.com
The nature of credit risk in project finance - BIS Quarterly Review, part 8, December 2004
Page 1 Electronic copy available at: http://ssrn.com/abstract=1967464 BIS Quarterly Review …

[PDF][PDF] Credit rating and project finance default: An important risk management instrument

S Thompson - Bulletin: Vol, 2012 - Citeseer
A correlation exists between the credit rating of a project and the likelihood of project finance
default. Project ratings provided by rating agencies are intended to express the level of …

What is project finance?

JM Pinto - Investment management and financial innovations, 2017 - ceeol.com
Project finance is the process of financing a specific economic unit that the sponsors create,
in which creditors share much of the venture's business risk and funding is obtained strictly …

Returns on project‐financed investments: Evolution and managerial implications

B Esty - Journal of Applied Corporate Finance, 2002 - Wiley Online Library
In the past, project finance was used primarily to fund relatively low‐risk natural resource
projects with highly predictable cash flows. Today project finance is used for a wide range of …

[BOOK][B] Principles of project finance

ER Yescombe - 2002 - books.google.com
This introduction for practitioners offers a balanced view of project financing, integrating
legal, contractual, scheduling, and other areas that participate in large multiparty projects …

Infrastructure financing with project bond and credit default swap under public-private partnerships

S Li, D Abraham, H Cai - International Journal of Project Management, 2017 - Elsevier
This paper elaborates the use of project bonds and a credit default swap (CDS) in
infrastructure financing under public-private partnerships (PPPs). First, a structural model is …

Managing project performance risks under uncertainty: Using a dynamic capital structure approach in infrastructure project financing

SK Sundararajan, CL Tseng - Journal of Construction Engineering …, 2017 - ascelibrary.org
Infrastructure project financing and public-private partnerships (PPPs) are underpinned by
risk allocation between the public and private sectors. Project performance risks are often …