Why is escrowing for debt servicing a requirement of project finance? Are equity cash flows to sponsors
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Why is escrowing for debt servicing a requirement of project finance? Are equity cash flows to sponsors inclusive or exclusive of cash escrowed for debt servicing?
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Escrowing for debt servicing is a requirement in project finance to ensure that lenders receive timely payments of interest and principal on the debt ...View the full answer
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Related Book For
International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets
ISBN: 9781119550464
2nd Edition
Authors: Laurent L. Jacque
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