Financial Risk Management Instruments in Infrastructure Projects. Managing Financial Risks

      Аннотация: The book addresses financial risk management instruments that are applied in securitization of Infrastructure Projects that are usually perceived as risky even in the event that their economic analysis shows otherwise. The documented instruments include contingent capital, hedging derivatives, credit enhancement, insurance, and alternative risk transfer. Equally the influence of communication strategy and contract management on the utilization of the financial risk management instruments have been undertaken. Appropriate use of these instruments ensures investor confidence in investing in the perceived projects.

Ключевые слова: Financial Risk Management Instruments, Contingent capital, hedging derivatives, credit enhancement, insurance, alternative risk transfer