UID:
edoccha_9958113151102883
Serie:
Policy research working paper ; 2712
Inhalt:
In infrastructure projects bondholders and shareholders share residual risks over time despite debt covenants meant to mitigate risk shifting. For projects accessing international bond markets to benefit from longer maturities and lower borrowing costs, it is therfore necessary to pay attention to such design features as capital structure, guarantees, off-take agreement, and project economics.
Anmerkung:
"November 2001."
,
Title from title screen as viewed on Aug. 24, 2002.
,
Also available in printing.
Sprache:
Englisch