What are nonrecourse loans, and why are they important to the architecture of project finance?

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International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets

ISBN: 9781119550464

2nd Edition

Authors: Laurent L. Jacque

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Question Posted: Mar 09, 2024 01:01 AM

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What are nonrecourse loans, and why are they important to the architecture of project finance?

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Nonrecourse loans are a type of financing in which the borrower usually a special purpose entity or project company is not personally liable for repay...View the full answer

International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets

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