Course 2003-2004 a.y.
5212 - INTERNATIONAL PROJECT FINANCE
Go to class group/s: 31
CLAUDIA ORSOLA TAMAROWSKI
Introduction to the course:
This course teaches the foundations of project finance, an innovative and timely financing technique that has been used on many high-profile corporate projects. Project financing is emerging as the preferred alternative to conventional methods of financing infrastructure and other large-scale project worldwide. This course will take the students through the process step by step. It will cover the rationale for project financing, how to prepare the financial plan, assess the risks, design the financing mix and raise the funds.
A thorough and comfortable ability to handle the basics of Finance.
Course Content :
The course has the goal to analyse the reasons why some project financing have succeeded while others have failed. Along with this presentation, the course will give detailed information on:
- issues for the host governement-legislative previsions, public/private infrastructure partnerships, public/private financing structures;
- credit requirements of lenders and how to determine the project's borrowing capacity;
- how to prepare cash flow projections and use them to measure expected rates of return;
- tax and accounting considerations;
- detailed case studies.
Textbooks:
- J.D. FINNERTY, Project Financing. Asset-Based Financial Engineering, Wiley, 2000.
- P.K. NEVITT, F. FABOZZI, Project Financing, Wiley, 2001.
Examinations:
There will be a written final exam.