pfmode絮ls-part1.pptVIP

Chapter4 Several Project Finance Models Focus of this chapter Understand the basic principles of designing a PF model The definition of the key PF models The benefit and disadvantages of the key PF model The procedure of the key PF model 4.1 Basic Principles of Designing a PF Model Basic Principles Try to achieve limited recourse Try to realize the appropriate risk allocation Minimize the cost of funding Minimize the equity from the sponsors Realize the off-balance sheet financing Question How to achieve the above principles? 4.4 BOT 特许权：franchise，Concession，licence Expiration：期满，截止 Legal