Structured finance caught off-balance

phil-henson113-jpg

Structured finance has been around since the 19th century in the US, in the form of bonds backed by mortgages, but over the past two decades it has become an increasingly popular tool for the energy industry. It enables companies to borrow money on the back of an asset or a project rather than based on their own credit rating.

This form of risk transfer to a special-purpose entity (SPE) allows firms with different credit ratings to create a joint venture for new project development

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here