E-Book, Englisch, 129 Seiten
Rossi / Stepic / Alerassool Infrastructure Project Finance and Project Bonds in Europe
1. Auflage 2015
ISBN: 978-1-137-52404-1
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark
E-Book, Englisch, 129 Seiten
ISBN: 978-1-137-52404-1
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark
This book analyses the project bond financing solution in detail, identifying all the specific features that make it highly suitable for large capital intensive infrastructure projects.
Autoren/Hrsg.
Weitere Infos & Material
1;Cover;1
2;Half-Title;2
3;Title;4
4;Copyright;5
5;Contents;6
6;List of Figures;8
7;List of Tables;10
8;List of Abbreviations;12
9;Introduction;14
10;1 Project Finance;20
10.1;1.1 General overview;21
10.2;1.2 Main characteristics of project finance;24
10.3;1.3 Prerequisites to project finance;26
10.4;1.4 Public-private partnership;27
10.5;1.5 Key characteristics of infrastructure project assets;29
10.6;1.6 Financing the infrastructure projects;30
10.7;1.7 Greenfield versus brownfield projects;33
11;2 European Infrastructure Project Finance Market;38
11.1;2.1 Western Europe;39
11.1.1;2.1.1 Volumes, developments and financing in Western Europe;41
11.2;2.2 CEE;45
11.2.1;2.2.1 Volumes, developments and financing in CEE;46
11.3;2.3 Infrastructure sectors;51
11.3.1;2.3.1 Toll roads;52
11.3.2;2.3.2 Airports/ports;54
11.3.3;2.3.3 Healthcare facilities;55
11.4;2.4 Infrastructure: a new asset class?;56
12;3 Bank Conventional Lending versus Project Bond Solution;65
12.1;3.1 Banking landscape;66
12.2;3.2 Key characteristics of bond financing;69
12.3;3.3 Bank loan versus project bonds;71
13;4 The Europe 2020 Project Bond Initiative;76
13.1;4.1 General overview;77
13.2;4.2 Case studies – PBI 2020 pilot phase;81
13.2.1;4.2.1 Castor Gas Storage Spain;82
13.2.2;4.2.2 OFTO Greater Gabbard UK;83
13.2.3;4.2.3 A11 Belgian motorway project;85
13.2.4;4.2.4 A7 Autobahn PPP Germany;87
13.3;4.3 Case studies’ findings;88
13.4;4.4 Structural issues of the initiative;89
13.5;4.5 Concluding remarks;90
14;5 Case Studies in CEE;93
14.1;5.1 Introduction;94
14.2;5.2 The Slovakian case;95
14.2.1;5.2.1 Appetite for project bonds in Slovakia;96
14.2.2;5.2.2 Potential institutional investors;98
14.2.3;5.2.3 Slovakia R1 Motorway project deal refinancing;99
14.2.4;5.2.4 Envisaged D4 Motorway project in Slovakia;1
14.2.5;5.2.5 Reasons why Project bond should be the best solution for D4 Motorway;114
15;Conclusion;116
16;Bibliography;122
17;Index;125




