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Making Infrastructure and Project Finance Debt Bankable in Higher-Risk Markets: A Practitioner’s Guide to Sovereign Guarantees, Export Credit Agency (ECA) Guarantees and Political Risk InsuranceBy National Standard Finance LLC (www.NatStandard.com) In emerging markets and higher-risk geographies, infrastructure projects often fail to reach financial close for a familiar reason: credit risk overwhelms otherwise sound economics. Even when demand is real and engineering is solid, lenders price political, convertibility, off-taker, and payment risks into margins, tenors, covenants, and...0 Commentarios 0 Compartido 11 Vistas
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