Project Finance in Theory and Practice: Designing, Structuring, and Financing Private and Public Projects, Third Edition presents a set of topics that can be applied to any project financing task. It includes essential, core material for project finance, offering new insights about Sharia-compliant instruments and a comprehensive overview of the current state of the international regulation of banking post financial crisis. This updated edition includes new case studies and topics related to country risk, along with insights from project finance experts who share their specialized knowledge on legal issues and the role of advisors in project finance details.
The book is useful for readers at all levels of education and experience who want to learn how to succeed in project finance.
1. 1: Introduction to the Theory and Practice of Project Finance - p. xxxvi 2. 2: The Market for Project Finance: Applications and Sectors - p. 42 3. 3: Project Characteristics, Risk Analysis, and Risk Management - p. 61 4. 4: The Role of Advisors in a Project Finance Deal - p. 103 5. 5: Valuing the Project and Project Cash Flow Analysis - p. 149 6. 6: Financing the Deal - p. 208 7. Abstract - p. 208 8. Introduction - p. 210 9. 6.1. Advisory and arranging activities for project finance funding - p. 210 10. 6.2. Other roles in syndicated loans - p. 220 11. 6.3. Fee structure - p. 231 12. 6.4. International financial institutions and multilateral banks - p. 237 13. 6.5. Bilateral agencies: developmental agencies and export credit agencies (ECAs) - p. 255 14. 6.6. Other financial intermediaries involved in project finance - p. 261 15. 6.7. Funding options: equity - p. 264 16. 6.8. Funding options: mezzanine financing and subordinated debt - p. 267 17. 6.9. Funding options: senior debt - p. 276 18. 6.10. Project leasing - p. 289 19. 6.11. Project bonds - p. 294 20. 6.12. Islamic finance for infrastructure financing30 - p. 320 21. 7: Legal Aspects of Project Finance - p. 335 22. 8: Credit Risk in Project Finance Transactions - p. 404 23. Case Study 1: Cogeneration 1 - p. 453 24. Case Study 2: Italy Water System - p. 460 25. Case Study 3: Odebrecht Drilling Norbe VIII/IX: Project Bonds as a Refinancing Tool in Project Finance - p. 474 26. Case Study 4: Watercraft Capital S.A.: Refinancing Project Finance Transactions - p. 495 27. Case Study 5: Viveracqua Hydrobond: When Infrastructure Investments Meet Securitization - p. 513 28. Case Study 6: Quezon Power Ltd Co. Project Finance. The Impact of Risk Management on the Cost of Funding - p. 535 29. Appendix: The Structure and Functioning of the Simulation Model - p. 544 30. Glossary and Abbreviations - p. 561 31. References - p. 576 32. Index - p. 586
Project Finance in Theory and Practice: Designing, Structuring, and Financing Private and Public Projects, Third Edition presents a set of topics that can be applied to any project financing task. It includes essential, core material for project finance, offering new insights about Sharia-compliant instruments and a comprehensive overview of the current state of the international regulation of banking post financial crisis. This updated edition includes new case studies and topics related to country risk, along with insights from project finance experts who share their specialized knowledge on legal issues and the role of advisors in project finance details.
The book is useful for readers at all levels of education and experience who want to learn how to succeed in project finance.
1. 1: Introduction to the Theory and Practice of Project Finance - p. xxxvi 2. 2: The Market for Project Finance: Applications and Sectors - p. 42 3. 3: Project Characteristics, Risk Analysis, and Risk Management - p. 61 4. 4: The Role of Advisors in a Project Finance Deal - p. 103 5. 5: Valuing the Project and Project Cash Flow Analysis - p. 149 6. 6: Financing the Deal - p. 208 7. Abstract - p. 208 8. Introduction - p. 210 9. 6.1. Advisory and arranging activities for project finance funding - p. 210 10. 6.2. Other roles in syndicated loans - p. 220 11. 6.3. Fee structure - p. 231 12. 6.4. International financial institutions and multilateral banks - p. 237 13. 6.5. Bilateral agencies: developmental agencies and export credit agencies (ECAs) - p. 255 14. 6.6. Other financial intermediaries involved in project finance - p. 261 15. 6.7. Funding options: equity - p. 264 16. 6.8. Funding options: mezzanine financing and subordinated debt - p. 267 17. 6.9. Funding options: senior debt - p. 276 18. 6.10. Project leasing - p. 289 19. 6.11. Project bonds - p. 294 20. 6.12. Islamic finance for infrastructure financing30 - p. 320 21. 7: Legal Aspects of Project Finance - p. 335 22. 8: Credit Risk in Project Finance Transactions - p. 404 23. Case Study 1: Cogeneration 1 - p. 453 24. Case Study 2: Italy Water System - p. 460 25. Case Study 3: Odebrecht Drilling Norbe VIII/IX: Project Bonds as a Refinancing Tool in Project Finance - p. 474 26. Case Study 4: Watercraft Capital S.A.: Refinancing Project Finance Transactions - p. 495 27. Case Study 5: Viveracqua Hydrobond: When Infrastructure Investments Meet Securitization - p. 513 28. Case Study 6: Quezon Power Ltd Co. Project Finance. The Impact of Risk Management on the Cost of Funding - p. 535 29. Appendix: The Structure and Functioning of the Simulation Model - p. 544 30. Glossary and Abbreviations - p. 561 31. References - p. 576 32. Index - p. 586
