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The Law and Business of International Project Finance
By
Scott L. Hoffman
Description
3This
extensively updated third edition continues to be the most
comprehensive and authoritative guide to the business, practice, law,
and practical use of project finance. It covers the complete project
finance structure, from conception to negotiation to debt closing,
and from project difficulties to successful restructuring. The book
continues to be accessible to those with little experience in project
finance, while maintaining the insight and detail of previous
editions that has made it a valuable reference for the experienced
lawyer, manager, banker, contractor, and government official. This
new edition focuses on a real-world, practical approach to project
finance, without the overuse of case studies and economic theory. Yet
the contract forms, detailed glossary, index, and project finance
bibliography ensure its continuing place as the most complete text
available.
• Third
edition • Glossary of project finance terms • Step-by-step
handbook for project finance deals
Contents
Part
I. An Introduction to Project Finance: 1. An introduction to project
finance; Part II. Risk Identification, Allocation, and Mitigation: 2.
Project finance risks; 3. Project finance cross-border risks; 4.
Project finance commercial risks; Part III. Project Finance
Structures: 5. Project finance participants and their roles; 6.
Project finance structures; 7. Selecting the project finance
ownership structure; Part IV. Technical, Political, and Economic
Feasibility: 8. The feasibility study and needs assessment; 9. Host
country business environment for project finance; 10. Economic
feasibility; 11. Environmental regulation and environmental
feasibility of the project; Part V. Project Finance Documentation:
12. An overview of project documentation; 13. Representations and
warranties in project finance credit agreements and contracts; 14.
Preliminary host country agreements; 15. Construction contracts; 16.
Input contracts; 17. Operation and maintenance agreements; 18.
Project finance off-take sales contracts; 19. Power sales agreements;
Part VI. Credit Enhancement: 20. Project finance credit enhancement;
Part VII. Debt and Equity Financing: 21. Financing sources for the
project; 22. The offering memorandum; 23. Project finance debt
commitment letters; 24. Credit and related documentation for project
finance transactions; 25. Export credits documentation for project
finance transactions; Part VIII. Collateral: 26. Project collateral;
Part IX. Project Sponsor and Investor Agreements: 27. Governing the
project company: stockholder, partnership, joint venture, and
management agreements; Part X. Special Topics in Project Finance: 28.
Bankruptcy; 29. United States laws affecting foreign investments; 30.
Local lawyers and overview of local laws; 31. Dispute resolution in
project finance transactions; 32. Multilateral agency prohibitions on
anticompetitive activity; 33. Merchant facilities: project finance
without contractually-assured revenue flows; Selected bibliography;
Glossary of project finance terms; Checklist of due diligence
considerations for project financing.
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