Project Financing

An essential guide to an indispensable area of corporate finance Around the globe, thousands of high-profile corporate projects are relying on the innovative investment technique known as project financing to service their debt burden and to provide a steady stream of returns to project investors. But without a comprehensive understanding of the process, disasters are sure to happen-witness the financial fiascoes at Euro Disney and The Eurotunnel Project. This timely guide shows corporate finance pros and project planners how to get project financing right. Using examples and case studies, it takes readers through all the necessary steps and processes, from assessing risk and making security arrangements to preparing the financial plan and evaluating the project's legal requirements. JOHN D. FINNERTY (New York, New York) is General Partner in charge of corporate finance at McFarland Dewey & Co and professor of finance at Fordham University.