Project Financing
By Peter K. Nevitt and Frank J. Fabozzi
Peter Nevitt and Frank Fabozzi's Project Financing, published by Euromoney, is an excellent and thorough exposition of project finance for financial practitioners. At 498 pages, the coverage is vast and thorough. Frank Fabozzi is Adjunct Professor of Finance at Yale University School of Management.
This book helps you make your project finances work, and helps you evaluate alternate choices. With numerous examples, charts and diagrams, Project Financing is written in an accessible style which enhances understanding, and includes the following topics: overview of project finance and criteria for successful project financing; role of financing advisors; offering memoranda; risk for lenders; banks lenders and investors; credit risk; discussions of types of equity and debt; project financing documentation; private placements; cross-border and world-wide issues; revenue bonds; commercial paper; construction finance; controlling risk and hedging; guarantees; political risk, and multiple additional topics and examples.
In addition, the book has a substantial 55 page glossary, and detailed discussions of Financial Accounting Standards FAS, FASB, risk classification criteria, and government-supported financing agencies.
Encyclopedic in nature, this book is a broad and deep review of project finance, and is an essential purchase for project finance professionals who want to succeed.
By David Hoicka