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This Annex introduces some essential ideas of project finance and shows how they relate to your financing framework of PPP projects. It is not intended to protect all the issues applicable to PPP financing constructions, that are quite a few intricate and infrequently project-specific.

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This will likely make certain that senior credit card debt support view it usually has priority. In addition, it's going to determine the circumstances through which senior lenders can easily stop equity distributions (“lock up”). This will usually be described by reference to money ratios he said for instance ADSCR;[6]

As outlined above, the funding of a PPP project consists principally of senior personal debt and fairness (which can often be in the shape of junior shareholder financial loans).

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