Contract risks and credit spread determinants in the international project bond market [electronic resource] / Mansoor Dailami and Robert Hauswald.
In infrastructure projects bondholders and shareholders share residual risks over time despite debt covenants meant to mitigate risk shifting. For projects accessing international bond markets to benefit from longer maturities and lower borrowing costs, it is therfore necessary to pay attention to s...
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Full Text (via Open Knowledge Repository) |
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| Format: | Electronic eBook |
| Language: | English |
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Washington, D.C. :
World Bank, World Bank Institute, Governance, Regulation, and Finance Division,
[2001]
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| Series: | Policy research working papers
no. 2712. |
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Internet
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| Call Number: |
HG3881.5.W57 P63 no.2712
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| HG3881.5.W57 P63 no.2712 | Available |