메뉴 건너뛰기




Volumn 19, Issue 2, 2010, Pages 60-71

Offtaking agreements and how they impact the cost of funding for project finance deals. A clinical case study of the Quezon Power Ltd Co.

Author keywords

Counterparty risk; Project finance; Risk analysis

Indexed keywords


EID: 77952810556     PISSN: 10583300     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.rfe.2009.11.002     Document Type: Article
Times cited : (23)

References (34)
  • 1
    • 3242704402 scopus 로고    scopus 로고
    • Developing country economic structure and the pricing of syndicated credits
    • Altunbas Y., Gadanecz B. Developing country economic structure and the pricing of syndicated credits. Journal of Development Studies 2004, 40:143-173.
    • (2004) Journal of Development Studies , vol.40 , pp. 143-173
    • Altunbas, Y.1    Gadanecz, B.2
  • 2
    • 62249152089 scopus 로고    scopus 로고
    • Ex ante construction costs in the European road sector: A comparison of public-private partnerships and traditional public procurement
    • Blanc-Brude F., Goldsmith H., Välilä T. Ex ante construction costs in the European road sector: A comparison of public-private partnerships and traditional public procurement. EIB Economic and Financial Reports, Luxembourg 2006.
    • (2006) EIB Economic and Financial Reports, Luxembourg
    • Blanc-Brude, F.1    Goldsmith, H.2    Välilä, T.3
  • 4
    • 0030268534 scopus 로고    scopus 로고
    • Optimal incorporation, structure of debt contracts and limited recourse project finance
    • Chemmanur T., John K. Optimal incorporation, structure of debt contracts and limited recourse project finance. Journal of Financial Intermediation 1996, 5:372-408.
    • (1996) Journal of Financial Intermediation , vol.5 , pp. 372-408
    • Chemmanur, T.1    John, K.2
  • 5
    • 77952885132 scopus 로고    scopus 로고
    • Can nonfinancial contracts influence the pricing of financial contracts and leverage? Evidence from the International Project finance Loans Market
    • Bocconi University
    • Corielli F., Gatti S., Steffanoni A. Can nonfinancial contracts influence the pricing of financial contracts and leverage? Evidence from the International Project finance Loans Market. Working Paper 2007, Bocconi University.
    • (2007) Working Paper
    • Corielli, F.1    Gatti, S.2    Steffanoni, A.3
  • 6
    • 77952887852 scopus 로고    scopus 로고
    • The Emerging Project Bond Market: Covenant Provisions and Credit Spreads. Working Paper 3095, World Bank Policy Research.
    • Dailami, M. & Hauswald, R. (2003). The Emerging Project Bond Market: Covenant Provisions and Credit Spreads. Working Paper 3095, World Bank Policy Research.
    • (2003)
    • Dailami, M.1    Hauswald, R.2
  • 7
    • 34548523298 scopus 로고    scopus 로고
    • Credit spread determinants and interlocking contracts. A study of the Ras Gas Project
    • Dailami M., Hauswald R. Credit spread determinants and interlocking contracts. A study of the Ras Gas Project. Journal of Financial Economics 2007, 36:248-278.
    • (2007) Journal of Financial Economics , vol.36 , pp. 248-278
    • Dailami, M.1    Hauswald, R.2
  • 8
    • 77952886623 scopus 로고    scopus 로고
    • Effects of the world financial crisis on project finance: A review of the rating agency sourcebooks
    • Davis H.A. Effects of the world financial crisis on project finance: A review of the rating agency sourcebooks. Journal of Structured Finance 1999, 4:13-18.
    • (1999) Journal of Structured Finance , vol.4 , pp. 13-18
    • Davis, H.A.1
  • 10
    • 0012592760 scopus 로고    scopus 로고
    • Structuring loan syndicates: A case study of the Hong Kong Disneyland Project Loan
    • Esty B.C. Structuring loan syndicates: A case study of the Hong Kong Disneyland Project Loan. Journal of Applied Corporate Finance 2001, 14:80-95.
    • (2001) Journal of Applied Corporate Finance , vol.14 , pp. 80-95
    • Esty, B.C.1
  • 11
    • 77952884669 scopus 로고    scopus 로고
    • The Economic Motivations for Using Project finance. Cambridge, Ma.: Harvard Business, School mimeo.
    • Esty, B.C. (2003). The Economic Motivations for Using Project finance. Cambridge, Ma.: Harvard Business, School mimeo.
    • (2003)
    • Esty, B.C.1
  • 12
    • 84985947833 scopus 로고    scopus 로고
    • Why study large projects? An introduction to research on project finance
    • Esty B.C. Why study large projects? An introduction to research on project finance. European Financial Management 2004, 10:213-224.
    • (2004) European Financial Management , vol.10 , pp. 213-224
    • Esty, B.C.1
  • 13
    • 0037346716 scopus 로고    scopus 로고
    • Creditor rights, enforcement, and debt ownership structure: Evidence from the global syndicated loan market
    • Esty B.C., Megginson W.L. Creditor rights, enforcement, and debt ownership structure: Evidence from the global syndicated loan market. Journal of Financial and Quantitative Analysis 2003, 38:37-59.
    • (2003) Journal of Financial and Quantitative Analysis , vol.38 , pp. 37-59
    • Esty, B.C.1    Megginson, W.L.2
  • 14
    • 77952886199 scopus 로고    scopus 로고
    • EX-IM Bank EX-IM bank facilitates project financing in the Philippines. Press Release.
    • EX-IM Bank (1996), EX-IM bank facilitates project financing in the Philippines. Press Release.
    • (1996)
  • 19
    • 77954430433 scopus 로고    scopus 로고
    • Project finance: Managing risk in international syndicated lending
    • University of Munich
    • Hainz C., Kleimeier S. Project finance: Managing risk in international syndicated lending. Working Paper 2006, University of Munich.
    • (2006) Working Paper
    • Hainz, C.1    Kleimeier, S.2
  • 20
    • 84977725519 scopus 로고
    • The effect of bond rating agency announcements on bond and stock prices
    • Hand J.R.M., Holthausen R.W., Letfwich R.W. The effect of bond rating agency announcements on bond and stock prices. Journal of Finance 1992, 47(2):733-752.
    • (1992) Journal of Finance , vol.47 , Issue.2 , pp. 733-752
    • Hand, J.R.M.1    Holthausen, R.W.2    Letfwich, R.W.3
  • 22
    • 0011444067 scopus 로고
    • Optimality of project financing: Theory and empirical implication in finance and accounting
    • John T., John K. Optimality of project financing: Theory and empirical implication in finance and accounting. Review of Quantitative Finance and Accounting 1991, 1:51-74.
    • (1991) Review of Quantitative Finance and Accounting , vol.1 , pp. 51-74
    • John, T.1    John, K.2
  • 23
    • 77952888859 scopus 로고    scopus 로고
    • Information effects of bond rating changes: The role of the rating prior to the announcement
    • University of California at Irvine
    • Jorion P., Zhang G. Information effects of bond rating changes: The role of the rating prior to the announcement. Working Paper 2006, University of California at Irvine.
    • (2006) Working Paper
    • Jorion, P.1    Zhang, G.2
  • 26
  • 29
    • 77952884518 scopus 로고    scopus 로고
    • Standard and Poor's Project Finance Rating. mimeo.
    • Mariani, M. (2008). Standard and Poor's Project Finance Rating. mimeo.
    • (2008)
    • Mariani, M.1
  • 30
    • 0000997188 scopus 로고
    • Optimal capital structure and project financing
    • Shah S., Thakor A. Optimal capital structure and project financing. Journal of Economic Theory 1987, 42:209-243.
    • (1987) Journal of Economic Theory , vol.42 , pp. 209-243
    • Shah, S.1    Thakor, A.2
  • 32
    • 84880989440 scopus 로고    scopus 로고
    • Law, agency costs and project finance: An empirical analysis
    • Emory University
    • Subramanian K., Tung F., Wang X. Law, agency costs and project finance: An empirical analysis. Working paper 2007, Emory University.
    • (2007) Working paper
    • Subramanian, K.1    Tung, F.2    Wang, X.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.