Contract risks and credit spread determinants in the international project bond market / Mansoor Dailami and Robert Hauswald

In infrastructure projects bondholders and shareholders share residual risks over time despite debt covenants meant to mitigate risk shifting. For projects accessing international bond markets to benefit from longer maturities and lower borrowing costs, it is therfore necessary to pay attention to s...

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Detalhes bibliográficos
Main Authors:Dailami, Mansoor
Corporate Authors:World Bank Institute
Outros Autores:Hauswald, Robert
Formato: Online-Resource
Idioma:English
Publicado em:Washington, D.C : World Bank, World Bank Institute, Governance, Regulation, and Finance Division, 2001
Colecção:Policy research working paper
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