Close-out netting and PF: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create the page. Source: The Treasurer, July 2014, p28, Liam O'Keeffe FCT, Funding the future.)
 
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A special form of netting that occurs following some predefined event such as default.
Project Finance.
Close-out netting is intended to reduce exposures on open contracts if one party meets certain conditions specified by the contract (for example, becomes subject to insolvency procedures) before the settlement date. 


Also referred to as default netting, open contract netting or replacement contract netting.




== See also ==
== See also ==
* [[Netting]]
* [[Project finance]]
* [[PE]]
 
[[Category:Corporate_finance]]
[[Category:Corporate_finance]]

Revision as of 20:28, 15 July 2014

Project Finance.


See also

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