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Inside Washington
book

Inside Washington

by William A. Delphos
January 2012
Beginner content levelBeginner
303 pages
6h 14m
English
Business Expert Press
Content preview from Inside Washington

Commonly Used Terms

(Italicized terms are also defined in this section)

A/B loan: Syndicated loan where commercial banks and other investors provide their own funds and take commercial risk, while a multilateral development bank (MDB) remains the lender of record. B lenders benefit from implicit political risk insurance as host governments are less likely to expropriate or limit the foreign currency available to an MDB-supported project. The borrower benefits from the capital raising efforts of the MDB and from lack of withholding taxes on the entire facility.

acquisition financing: Funds obtained for buying existing companies or projects, as opposed to greenfield financing. Traditionally government agencies have only provided acquisition ...

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Publisher Resources

ISBN: 9781606492925