Contract risks and credit spread determinants in the international project bond market
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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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
World Bank, World Bank Institute, Governance, Regulation, and Finance Division
2001
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Schriftenreihe: | Policy research working paper
2712 |
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Online-Zugang: | URL des Erstveröffentlichers |
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