Question: For a project to be suitable for project finance, which one of the following is NOT a basic characteristic required? Option A It should be
For a project to be suitable for project finance, which one of the following is NOTa basic characteristic required?
Option A
It should be standalone with a separately identifiable cash flow
Option B
It should have a reliable longterm cash flow which can support the debt
Option C
Lenders can rely on the value of any physical assets of the project instead of project contacts as their main security
Option D
Finance can be provided to a special purpose project company
Option E
There is no claim or limited recourse on the equity investors beyond the amount of their investment
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
