Project Finance

Douglas Wood and James Byrne
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Douglas Wood: Manchester Business School
James Byrne: Manchester Business School

Chapter 10 in International Business Finance, 1981, pp 259-291 from Palgrave Macmillan

Abstract: Abstract The traditional model of international investment is for a parent company to make an equity investment in a wholly-owned (about 50 per cent of all investments) or partially-owned foreign subsidiary, perhaps supplementing this with guarantees so that the subsidiary can have access to local capital markets for additional term and working capital.

Keywords: Interest Rate; Cash Flow; Political Risk; Project Finance; International Development Association (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-03120-7_10

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DOI: 10.1007/978-1-349-03120-7_10

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