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Principles of Project Finance
book

Principles of Project Finance

by E. R. Yescombe
June 2002
Beginner
344 pages
11h 7m
English
Academic Press
Content preview from Principles of Project Finance
§11.1 MITIGATION OF POLITICAL RISKS
If a project’s political risks are not sufficiently mitigated in the ways described
in Chapter 10 to satisfy private-sector lenders, the Project Company may be able
to obtain:
Guarantees or insurance for political risks (“political risk cover”), thus leav-
ing private-sector lenders with only the commercial risks on the project (e.g.,
project completion)
Guarantees or insurance that cover all risks, both political and commercial,
thus leaving lenders to provide finance with no risk on the project itself (“full
cover”)
Direct loans to the Project Company from public-sector (national or multi-
lateral) lenders that ...
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Publisher Resources

ISBN: 9780127708515