The Law and Business of International Project Finance: A Resource for Governments, Sponsors, Lawyers, and Project Participants

This updated third edition examines the risks of project finance deals as a step-by-step handbook and reference for professionals. This 2007 third edition continues to be a 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 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 make it a complete text Project finance requires careful analysis and structuring of a wide variety of risks. This 2007 third edition addresses these risks and their resolution, and details the necessary elements of a successful project financing. Mirroring the structure of an actual project finance deal, this all-in-one handbook examines each step of the process. Hoffman covers the complete project finance structure, from conception to negotiation to debt closing, and from project difficulties to successful restructuring An introduction to project finance Project finance risks Project finance cross-border risks Project finance commercial risks.