debt underpinning

09:41 Jan 4, 2019
This question was closed without grading. Reason: No acceptable answer

English to Serbian translations [PRO]
Bus/Financial - Finance (general) / contract management
English term or phrase: debt underpinning
• Contingent or contractual guarantees aimed to protect the project company (for example, minimum traffic guarantees in user-pays road projects) or lenders (for example, guaranteeing all or a certain percentage of the outstanding debt in case of early termination, including termination by default of the private partner. This is sometimes referred to as “debt underpinning”
Tamara Vlahovic Sanovic



Discussion entries: 1





  

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