Project finance in theory and practice: designing, structuring, and financing private and public projects
"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-comp...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
London ; San Diego, CA ; Cambridge, MA ; Oxford, UK
Academic Press
[2018]
|
| Ausgabe: | Third edition |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Zusammenfassung: | "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."--Publisher’s description |
| Beschreibung: | xxxvi, 598 Seiten Illustrationen, Diagramme |
| ISBN: | 9780128114018 0128114010 |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV046034851 | ||
| 003 | DE-604 | ||
| 005 | 20220608 | ||
| 007 | t | ||
| 008 | 190704s2018 a||| b||| 00||| eng d | ||
| 020 | |a 9780128114018 |9 978-0-12-811401-8 | ||
| 020 | |a 0128114010 |9 0-12-811401-0 | ||
| 035 | |a (OCoLC)1050640346 | ||
| 035 | |a (DE-599)BVBBV046034851 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-521 |a DE-739 | ||
| 084 | |a QP 360 |0 (DE-625)141869: |2 rvk | ||
| 084 | |a QP 750 |0 (DE-625)141933: |2 rvk | ||
| 100 | 1 | |a Gatti, Stefano |d 1967- |e Verfasser |0 (DE-588)135687659 |4 aut | |
| 245 | 1 | 0 | |a Project finance in theory and practice |b designing, structuring, and financing private and public projects |c Stefano Gatti |
| 250 | |a Third edition | ||
| 264 | 1 | |a London ; San Diego, CA ; Cambridge, MA ; Oxford, UK |b Academic Press |c [2018] | |
| 264 | 4 | |c © 2018 | |
| 300 | |a xxxvi, 598 Seiten |b Illustrationen, Diagramme | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 505 | 8 | |a Introduction to the theory and practice of project finance -- The market for project finance: applications and sectors -- Project characteristics, risk analysis, and risk management -- The role of advisors in a project finance deal -- Valuing the project and project cash flow analysis -- Financing the deal -- Legal aspects of project finance -- Credit Risk in Project Finance Transactions -- Case Study 1: cogeneration 1 -- Case Study 2: Italy water system -- Case Study 3: Odebrecht Drilling Norbe VIII/IX: project bonds as a refinancing tool in project finance -- Case Study 4: Watercraft Capital S.A.: refinancing project finance transactions -- Case Study 5: Viveracqua Hydrobond: when infrastructure investments meet securitization -- Case Study 6: Quezon Power Ltd. Co. Project Finance, the impact of risk management on the cost of funding -- Appendix. The structure and functioning of the simulation model | |
| 520 | 3 | |a "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."--Publisher’s description | |
| 650 | 0 | 7 | |a Projektfinanzierung |0 (DE-588)4047425-2 |2 gnd |9 rswk-swf |
| 653 | 0 | |a Public works / Finance | |
| 653 | 0 | |a Construction industry / Capital investments | |
| 653 | 0 | |a Construction industry / Capital investments | |
| 653 | 0 | |a Public works / Finance | |
| 689 | 0 | 0 | |a Projektfinanzierung |0 (DE-588)4047425-2 |D s |
| 689 | 0 | |8 1\p |5 DE-604 | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 978-0-12-811402-5 |
| 856 | 4 | 2 | |m Digitalisierung UB Passau - ADAM Catalogue Enrichment |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=031416656&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-031416656 | ||
| 883 | 1 | |8 1\p |a cgwrk |d 20201028 |q DE-101 |u https://d-nb.info/provenance/plan#cgwrk | |
Datensatz im Suchindex
| _version_ | 1804180288469729280 |
|---|---|
| adam_text | Contents Preface to the Third Edition Preface to the Second Edition Preface to the First Edition Foreword by Giovanni Castellucci Foreword by Mark Crosbie and Alain Rauscher Foreword by William L. Megginson Foreword by Dario Scannapieco About the Author and the Contributors 1. 2. xiii xvii xxi xxv xxvii xxix xxxiii xxxv Introduction to the Theory and Practice of Project Finance 1 Introduction 1.1 What is project finance? 1.2 Why do sponsors use project finance? 1.3 Who are the sponsors of a project finance deal? 1.3.1 Industrial sponsors in project finance initiatives linked to a core business 1.3.2 Public sponsors with social welfare goals 1.3.3 Contractor/sponsors who develop, build, or run the plant 1.3.4 Financial investors 1.4 Overview of the features of project finance 1.4.1 The contractor and the turnkey construction contract (TKCC) 1.4.2 O M contractor and the O M agreement 1.4.3 Purchasers and sales agreements 1.4.4 Suppliers and raw material supply agreements (RMSAs) 1.4.5 Project finance as a risk management technique 1.5 The theory of project finance 1.5.1 Separate incorporation and avoidance of contamination risk 1.5.2 Conflicts of interest between sponsors and lenders and wealth expropriation 1.5.3 Project finance in the academic literature 1 2 3 4 4 5 17 17 25 26 27 27 28 28 29 29 34 36 The Market for Project Finance: Applications and Sectors 43 Introduction 2.1 Historical evolution of project finance and market segments 2.2 The global project finance market 2.3 The evolution of the PPP market 2.3.1 The European market 43 43 47 49 54
vi 3. 4. 5. Project Characteristics, Risk Analysis, and Risk Management Introduction 3.1 Identifying project risks 3.1.1 Precompletion phase risks 3.1.2 Postcompletion phase risks 3.1.3 Risks found in both the pre- and postcompletion phases 3.2 Risk allocation with contracts stipulated by the SPV 3.2.1 Allocation of construction risk: the turnkey (or engineering, procurement, and construction—EPC) agreement 3.2.2 Allocation of supply risk: put-or-pay agreements 3.2.3 Allocation of operational risk: operations and maintenance (O M) agreements 3.2.4 Allocation of market risk 3.3Summary of the risk management process The Role of Advisors in a Project Finance Deal Introduction 4.1 The role of legal advisors in project finance deals 4.1.1 Legal advisor, legal advisors, and law firms: international and local legal counsel 4.1.2 Project financing development stages and impacts on the role of legal advisors 111 4.2 Role of the independent engineer in project finance deals 4.2.1 Initial due diligence reporting 4.2.2 Monitoring realization of the project (engineering and construction) 4.2.3 Assistance at the time of plant acceptance 4.2.4 Monitoring operations management 4.3 Role of insurance advisors and insurance companies in project finance deals 4.3.1 Rationale for using insurance in project finance deals 4.3.2 When should insurance products be used? 4.3.3 Areas where the insurance advisor is involved 4.3.4 Types of unconventional and applicable insurance products available for cross border project finance deals 4.3.5 Combined insurance solutions—structure and content 4.3.6
Classification of insurance underwriters 4.3.7 The evolving role of risk advisory in the acquisition of project finance assets Valuing the Project and Project Cash Flow Analysis Introduction 5.1 Analysis of operating cash flows and their behavior in different project life-cycle phases 5.1.1 Inputs for calculating cash flows 63 63 65 66 68 68 82 83 86 86 87 103 105 105 106 107 120 121 124 129 134 135 136 137 138 140 145 146 148 151 151 153 156
vii Contents 5.2 5.3 5.4 Defining the optimal capital structure for the deal 5.2.1 Equity 5.2.2 Senior debt 5.2.3 VAT facility 5.2.4 Stand-by facility 5.2.5 Identifying sustainable debt/equity mixes for sponsors and lenders 182 Cover ratios 5.3.1 What cover ratioscan tell us and what they can’t 5.3.2 Cover ratios as an application of the certainty equivalents method 199 Sensitivity analysis and scenario analysis 5.4.1 Which variables shouldbe tested insensitivityanalysis? 6. Financing the Deal Introduction 6.1 Advisory and arranging activities for project finance funding 6.1.1 Advisory Services 6.1.2 Arranging Services 6.1.3 Integration of advisory and arranging services 6.2 Other roles in syndicated loans 6.2.1 Single stage syndication, two-stage syndication, and club deals 6.2.2 New forms of cooperation between banks and institutional investors 224 6.3 Fee structure 6.3.1 Fees for advisory services 6.3.2 Fees for arranging services 6.3.3 Fees to participants and the agent bank 6.3.4 Example of fee calculation 6.4 International financial institutions and multilateral banks 6.4.1 Multilateral Organizations 6.4.2 Regional development banks 6.5 Bilateral agencies: developmental agencies and export credit agencies (ECAs) 6.5.1 Developmental agencies 6.5.2 Export Credit Agencies (ECAs) 6.6 Other financial intermediaries involved in project finance 6.7 Funding options: equity 6.7.1 Timing of the equity contribution, stand-by equity, and equity acceleration 265 6.7.2 Can shares in an SPV be listed on a stock exchange? 6.8 Funding options: mezzanine financing and subordinated debt
6.9 Funding options: senior debt 6.9.1 The base facility 171 176 178 180 181 191 193 201 203 209 210 210 213 214 217 220 221 231 231 232 233 234 237 238 247 255 255 256 261 264 266 267 276 276
Contents viii 7. 8. 6.9.2 Working capital facility 6.9.3 Stand-by facility 6.9.4 VAT facility 6.9.5 Loan remuneration 6.9.6 Loan currency 6.9.7 Repayment options 6.9.8 Refinancing loans already granted to the SPV 6.10 Project leasing 6.10.1 Valuing the convenience of project leasing 6.10.2 The Tax Effect 6.11 Project bonds 6.11.1 Investors in project bonds 6.11.2 Various categories of project bonds 6.11.3 Municipal bonds 6.11.4 When should project bonds be used? 6.11.5 Procedure for issuing project bonds 6.12 Islamic finance for infrastructure financing 6.12.1 Key principles of Islamic finance 6.12.2 Key contracts of Islamic finance 6.12.3 Sukuk 276 277 277 277 278 278 285 289 291 293 294 299 301 305 306 312 320 322 322 327 Legal Aspects of Project Finance 337 Introduction 7.1 The project company 7.1.1 Reasons for incorporating the project in a project company 7.1.2 Project company as a joint venture: another reason to develop a project in an SPV 341 7.1.3 Project company and groups of companies 7.1.4 Corporate documentation: articles of incorporation 7.1.5 Outsourcing the corporate functions of the project company: how the company/project actually runs 343 7.2 Contract structure 7.2.1 Before the financing: the due diligence report and the term sheet 344 7.2.2 Classification of legal documents related tothe project 7.2.3 Credit agreement 7.2.4 Security documents: security interests and what they do 7.2.5 Other finance documents 7.2.6 Project agreements 7.3 Refinancing project finance deals 337 338 339 348 349 376 386 390 401 Credit Risk in Project Finance Transactions 405
Introduction 8.1 The Basel Committee’s position on structured finance transactions (specialized lending, SL) 406 341 342 344 410
Contents 8.2 8.3 8.4 8.5 8.6 8.7 8.8 8.9 8. í. 1 Classes of transactions included in specialized lending Rating criteria for specialized lending and their application to project finance 412 8.2.1 Financial strength 8.2.2 Political and legal environment 8.2.3 Transaction characteristics 8.2.4 Strength of sponsors 8.2.5 Mitigante and security package 8.2.6 Summary of grading criteria. Assigning the rating to a project finance exposure The Basel Accord and the treatment of credit risk for PF loans: is PF more risky than corporate loans? Empirical studies on PF defaults and recovery rates 8.4.1 Moody’s study on default and recovery rates (1983-2014) 8.4.2 Standard and Poor’s reports on PF historical performance Introduction to the concepts of expected loss, unexpected loss, and value at risk 434 Defining default for project finance deals Modeling the project cash flows 8.7.1 Defining a risk assessment model 8.7.2 Identifying project variables and key drivers 8.7.3 Input variables: estimation and data collection 8.7.4 Estimating project cash flow and valuing results Estimating value at risk through simulations Defining project value in the event of default 8.9.1 Deterministic versus stochastic LGD estimates 8.9.2 LGD drivers: the value of underlying assets versus defaulted project cash flows 8.9.3 Restructuring versusdefault Case Study 1: Cogeneration 1 Cl.l The situation Cl.2 The production process C 1.3 The sponsors of the operation Cl.4 The agreements at the base of the operation Cl.4.1 Cogeneration 1 construction agreement Cl.4.2 Deasfalting plant construction agreement
Cl.4.3 Operation and maintenance agreement Cl.4.4 Energy sale/power purchase agreement Cl.4.5 Steam purchase agreement Cl.4.6 Feedstock supply agreement Cl.4.7 Oxygen supply agreement Cl.5 The financial structure C1.6 Final: in the office of Arrigoni 411 414 414 414 414 415 415 418 427 428 431 436 438 438 439 444 447 449 450 450 452 452 455 455 455 457 457 457 458 459 459 459 459 460 460 460
x Case Study 2: Italy Water System Introduction C2.1 Business plan of the project C2.2 Assumptions C2.2.1 Timing C2.2.2 Inflation index C2.2.3 Depreciation C2.2.4 Interest and financial costs C2.2.5 Interest on positive cash balances C2.2.6 Value-added tax (VAT) C2.2.7 Taxes C2.2.8 Working capital C2.2.9 Debt service reserve account C2.3 Capital expenditure C2.4 Financial requirement and sources of financing C2.4.1 Financial sources C2.5 Operational period C2.5.1 Operation of the existing water system C2.5.2 Operation of the New Water Supply and Treatment Systems C2.5.3 Operation of the two hydroelectric plants C2.6 Economic and financial ratios Contents 461 461 461 462 462 462 462 462 463 463 463 464 464 464 465 465 469 470 470 471 471 Case Study 3: Odebrecht Drilling Norbe VIII/IX: Project Bonds as a Refinancing Tool in Project Finance 475 C3.1 Background of the deal 475 C3.2 Companies involved 479 C3.2.1 Odebrecht Drilling Norbe VIII LLC and Odebrecht Drilling Norbe IX LLC 479 C3.2.2 Odebrecht Drilling Norbe VIII/IX Ltd 479 C3.2.3 Odebrecht Oil Services Ltd. (OOSL) 479 C3.2.4 Odebrecht Oleo e Gas (OOG) 479 СЗ.2.5 Petróleo Brasileiro S.A. (Petrobras) 480 СЗ.2.6 Daewoo Shipbuilding and Marine Engineering (DSME) 480 C3.3 Project Structure 481 C3.4 Contractual Structure 481 C3.4.1 Drillship Construction Contracts 481 C3.4.2 KEXIM refund guarantees 482 C3.4.3 Charter agreements 482 C3.4.4 Service agreements 484 C3.4.5 Technical service agreement 486 C3.4.6 Specialized oil industryservice agreement 486 C3.4.7 Account agreements 486 C3.4.8 Equity support agreements 487 C3.4.9
Insurance policies 487
Contents 487 487 489 489 493 493 494 C3.5 Notes C3.5.1 Description C3.5.2 Redemptionandrepurchase C3.5.3 Cash flow dynamics and project accounts C3.5.4 Step-in right C3.5.5 Default and consequences C3.6 Financial structure Case Study 4: Watercraft Capital S.A.: Refinancing Project Finance Transactions C4.1 Introduction C4.2 2020 Project Bond Initiative C4.2.1 Background C4.2.2 Project Bond Credit Enhancement (PBCE) C4.3 Project and the Spanish gas market 497 497 498 498 500 502 502 504 509 509 512 512 C4.3.1 Project Castor C4.3.2 Spanish gas market C4.4 Project bond issuance C4.4.1 Watercraft Capital S.A C4.4.2 Cash waterfall C4.5 Risk factors and investment evaluation Case Study 5: Viveracqua Hydrobond: When Infrastructure Investments Meet Securitization C5.1 Introduction C5.2 Viveracqua Hydrobond 1 C5.2.1 Phase 1—minibonds C5.2.2 phase 2—ABS C5.2.3 Pricing C5.2.4 Credit enhancement C5.2.5 Cash waterfall C5.3 The parties C5.3.1 Finanziaria Internazionale Securitization Group S.p.A C5.3.2 Viveracqua consortium C5.3.3 European Investment Bank C5.3.4 Veneto Sviluppo S.p.A C5.3.5 Securitization Services S.p.A C5.3.6 BNP Paribas Securities Services C5.3.7 Finint Investments SGR S.p.A C5.3.8 SINLOC—Sistema Iniziative Locali C5.4 The Integrated water system market C5.4.1 Legal framework C5.4.2 Functional sectors C5.4.3 Tariff regime C5.5 The Italian market for minibonds 515 515 516 518 518 520 521 521 523 523 523 524 527 527 527 528 528 528 528 530 530 531
Contents xii C5.5.1 Minibonds: a brand new market C5.5.2 The market environment C5.6 Risk factors and investment evaluation Case Study 6: Quezon Power Ltd Co. Project Finance. The Impact of Risk Management on the Cost of Funding C6.1 Project C6.1.1 Project sponsors, ownership structure, and basic terms of financing C6.1.2 The contractual structure of Quezon Power Project C6.2 The Problem 531 532 534 537 537 538 540 544 Appendix: The Structure and Functioning of the Simulation Model Introduction Al Breakdown of the financial model A 1.1 Assumptions Al.2 Capex analysis A 1.3 Sensitivities Al.4 Capex Al.5 Life-cycle costs Al.6 VAT A 1.7 Depreciation A 1.8 Public grant Al.9 Energy revenues A 1.10 Water revenues Al. 11 Орех Al. 12 Profit and loss, cash flow statement, and balance sheet A1.13 1RES (Italian corporate income tax) and tax A 1.14 Working capital A1.15 Guarantee facility A1.16 Financial debt A 1.17 Equity sheet A1.18 Cash flow statement A1.19 IRR (internal return rate) Al.20 Summary 545 545 545 546 548 549 549 549 550 551 551 551 553 554 554 554 556 556 557 557 560 560 561 Glossary and Abbreviations References 563 577 Index 587
|
| any_adam_object | 1 |
| author | Gatti, Stefano 1967- |
| author_GND | (DE-588)135687659 |
| author_facet | Gatti, Stefano 1967- |
| author_role | aut |
| author_sort | Gatti, Stefano 1967- |
| author_variant | s g sg |
| building | Verbundindex |
| bvnumber | BV046034851 |
| classification_rvk | QP 360 QP 750 |
| contents | Introduction to the theory and practice of project finance -- The market for project finance: applications and sectors -- Project characteristics, risk analysis, and risk management -- The role of advisors in a project finance deal -- Valuing the project and project cash flow analysis -- Financing the deal -- Legal aspects of project finance -- Credit Risk in Project Finance Transactions -- Case Study 1: cogeneration 1 -- Case Study 2: Italy water system -- Case Study 3: Odebrecht Drilling Norbe VIII/IX: project bonds as a refinancing tool in project finance -- Case Study 4: Watercraft Capital S.A.: refinancing project finance transactions -- Case Study 5: Viveracqua Hydrobond: when infrastructure investments meet securitization -- Case Study 6: Quezon Power Ltd. Co. Project Finance, the impact of risk management on the cost of funding -- Appendix. The structure and functioning of the simulation model |
| ctrlnum | (OCoLC)1050640346 (DE-599)BVBBV046034851 |
| discipline | Wirtschaftswissenschaften |
| edition | Third edition |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03623nam a2200457 c 4500</leader><controlfield tag="001">BV046034851</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20220608 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">190704s2018 a||| b||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780128114018</subfield><subfield code="9">978-0-12-811401-8</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0128114010</subfield><subfield code="9">0-12-811401-0</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1050640346</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV046034851</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-521</subfield><subfield code="a">DE-739</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QP 360</subfield><subfield code="0">(DE-625)141869:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QP 750</subfield><subfield code="0">(DE-625)141933:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Gatti, Stefano</subfield><subfield code="d">1967-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)135687659</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Project finance in theory and practice</subfield><subfield code="b">designing, structuring, and financing private and public projects</subfield><subfield code="c">Stefano Gatti</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">Third edition</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">London ; San Diego, CA ; Cambridge, MA ; Oxford, UK</subfield><subfield code="b">Academic Press</subfield><subfield code="c">[2018]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">© 2018</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">xxxvi, 598 Seiten</subfield><subfield code="b">Illustrationen, Diagramme</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Introduction to the theory and practice of project finance -- The market for project finance: applications and sectors -- Project characteristics, risk analysis, and risk management -- The role of advisors in a project finance deal -- Valuing the project and project cash flow analysis -- Financing the deal -- Legal aspects of project finance -- Credit Risk in Project Finance Transactions -- Case Study 1: cogeneration 1 -- Case Study 2: Italy water system -- Case Study 3: Odebrecht Drilling Norbe VIII/IX: project bonds as a refinancing tool in project finance -- Case Study 4: Watercraft Capital S.A.: refinancing project finance transactions -- Case Study 5: Viveracqua Hydrobond: when infrastructure investments meet securitization -- Case Study 6: Quezon Power Ltd. Co. Project Finance, the impact of risk management on the cost of funding -- Appendix. The structure and functioning of the simulation model</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">"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."--Publisher’s description</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Projektfinanzierung</subfield><subfield code="0">(DE-588)4047425-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="653" ind1=" " ind2="0"><subfield code="a">Public works / Finance</subfield></datafield><datafield tag="653" ind1=" " ind2="0"><subfield code="a">Construction industry / Capital investments</subfield></datafield><datafield tag="653" ind1=" " ind2="0"><subfield code="a">Construction industry / Capital investments</subfield></datafield><datafield tag="653" ind1=" " ind2="0"><subfield code="a">Public works / Finance</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Projektfinanzierung</subfield><subfield code="0">(DE-588)4047425-2</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="8">1\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield><subfield code="z">978-0-12-811402-5</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Passau - ADAM Catalogue Enrichment</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=031416656&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-031416656</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">1\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield></record></collection> |
| id | DE-604.BV046034851 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T08:33:23Z |
| institution | BVB |
| isbn | 9780128114018 0128114010 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-031416656 |
| oclc_num | 1050640346 |
| open_access_boolean | |
| owner | DE-521 DE-739 |
| owner_facet | DE-521 DE-739 |
| physical | xxxvi, 598 Seiten Illustrationen, Diagramme |
| publishDate | 2018 |
| publishDateSearch | 2018 |
| publishDateSort | 2018 |
| publisher | Academic Press |
| record_format | marc |
| spelling | Gatti, Stefano 1967- Verfasser (DE-588)135687659 aut Project finance in theory and practice designing, structuring, and financing private and public projects Stefano Gatti Third edition London ; San Diego, CA ; Cambridge, MA ; Oxford, UK Academic Press [2018] © 2018 xxxvi, 598 Seiten Illustrationen, Diagramme txt rdacontent n rdamedia nc rdacarrier Introduction to the theory and practice of project finance -- The market for project finance: applications and sectors -- Project characteristics, risk analysis, and risk management -- The role of advisors in a project finance deal -- Valuing the project and project cash flow analysis -- Financing the deal -- Legal aspects of project finance -- Credit Risk in Project Finance Transactions -- Case Study 1: cogeneration 1 -- Case Study 2: Italy water system -- Case Study 3: Odebrecht Drilling Norbe VIII/IX: project bonds as a refinancing tool in project finance -- Case Study 4: Watercraft Capital S.A.: refinancing project finance transactions -- Case Study 5: Viveracqua Hydrobond: when infrastructure investments meet securitization -- Case Study 6: Quezon Power Ltd. Co. Project Finance, the impact of risk management on the cost of funding -- Appendix. The structure and functioning of the simulation model "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."--Publisher’s description Projektfinanzierung (DE-588)4047425-2 gnd rswk-swf Public works / Finance Construction industry / Capital investments Projektfinanzierung (DE-588)4047425-2 s 1\p DE-604 Erscheint auch als Online-Ausgabe 978-0-12-811402-5 Digitalisierung UB Passau - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=031416656&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Gatti, Stefano 1967- Project finance in theory and practice designing, structuring, and financing private and public projects Introduction to the theory and practice of project finance -- The market for project finance: applications and sectors -- Project characteristics, risk analysis, and risk management -- The role of advisors in a project finance deal -- Valuing the project and project cash flow analysis -- Financing the deal -- Legal aspects of project finance -- Credit Risk in Project Finance Transactions -- Case Study 1: cogeneration 1 -- Case Study 2: Italy water system -- Case Study 3: Odebrecht Drilling Norbe VIII/IX: project bonds as a refinancing tool in project finance -- Case Study 4: Watercraft Capital S.A.: refinancing project finance transactions -- Case Study 5: Viveracqua Hydrobond: when infrastructure investments meet securitization -- Case Study 6: Quezon Power Ltd. Co. Project Finance, the impact of risk management on the cost of funding -- Appendix. The structure and functioning of the simulation model Projektfinanzierung (DE-588)4047425-2 gnd |
| subject_GND | (DE-588)4047425-2 |
| title | Project finance in theory and practice designing, structuring, and financing private and public projects |
| title_auth | Project finance in theory and practice designing, structuring, and financing private and public projects |
| title_exact_search | Project finance in theory and practice designing, structuring, and financing private and public projects |
| title_full | Project finance in theory and practice designing, structuring, and financing private and public projects Stefano Gatti |
| title_fullStr | Project finance in theory and practice designing, structuring, and financing private and public projects Stefano Gatti |
| title_full_unstemmed | Project finance in theory and practice designing, structuring, and financing private and public projects Stefano Gatti |
| title_short | Project finance in theory and practice |
| title_sort | project finance in theory and practice designing structuring and financing private and public projects |
| title_sub | designing, structuring, and financing private and public projects |
| topic | Projektfinanzierung (DE-588)4047425-2 gnd |
| topic_facet | Projektfinanzierung |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=031416656&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT gattistefano projectfinanceintheoryandpracticedesigningstructuringandfinancingprivateandpublicprojects |