Question
Assuming an SPV in corporate (company) form, which party carries the liability for project finance debt on their balance sheet? Please select the correct answer
Assuming an SPV in corporate (company) form, which party carries the liability for project finance debt on their balance sheet? Please select the correct answer and show your reasonings.
- Lenders
- SPV
- Sponsors - individually
- None of them - the whole point of off-balance sheet debt is that it is not recorded on any balance sheet
- Sponsors - as a group
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Fundamentals Of Multinational Finance
Authors: Michael Moffett, Arthur Stonehill, David Eiteman
6th Edition
0134472136, 978-0134472133
