Primary market and Project finance: Difference between pages

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1.
A term financing arrangement, usually on a limited recourse basis, under which funds are provided for a specified project by banks against the security of the project cash flows.
 
A market for financial assets when those assets are first offered for sale.
 
For example, on the flotation of a company or the issue of a bond.
 
 
2.
 
In relation to loans, the market in which the borrowers and the original lenders deal with one another.




== See also ==
== See also ==
* [[Float]]
* [[Asset finance]]
* [[Flotation]]
* [[Recourse]]
* [[Proprietary trading]]
* [[Secondary market]]
* [[Shallow discount bond]]


[[Category:Corporate_financial_management]]
[[Category:Asset_and_Project_Finance]]

Revision as of 08:58, 17 May 2014

A term financing arrangement, usually on a limited recourse basis, under which funds are provided for a specified project by banks against the security of the project cash flows.


See also