## Abstract This paper finds that the term structure of credit spreads in project finance is humpβshaped. This contrasts with other types of debt, where credit risk is shown instead to increase monotonically with maturity __ceteris paribus__. We emphasize a number of peculiar features of project fi
Avoiding pitfalls in project finance and investment: The lessons of experience
β Scribed by Anthony A. Churchill
- Publisher
- Elsevier Science
- Year
- 1996
- Tongue
- English
- Weight
- 853 KB
- Volume
- 9
- Category
- Article
- ISSN
- 1040-6190
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