The Second Edition of this best-selling introduction for practitioners uses new material and updates to describe the changing environment for project finance. Integrating recent developments in credit markets with revised insights into making project finance deals, the second edition offers a balanced view of project financing by combining legal, contractual, scheduling, and other subjects. Its emphasis on concepts and techniques makes it critical for those who want to succeed in financing large projects. With extensive cross-references and a comprehensive glossary, the Second Edition presents anew a guide to the principles and practical issues that can commonly cause difficulties in commercial and financial negotiations.
E.R. Yescombe is a consultant on public-private partnerships and project finance, with many years’ experience in various forms of structured finance, including project finance, leasing, export credits, property and asset finance. He has advised government entities on PPP policy issues and contract standardisation, as well as both public- and private-sector clients on the financial aspects of PPP and other project finance-funded contracts, as well as providing public and private training seminars in these fields.
His books "Principles of Project Finance" (2nd edition 2014, 1st edition 2002), and "Public-Private Partnerships: Principles of Policy and Finance" (2007), translated inter alia into Chinese, Japanese and Russian, are recognised as leading works on these subjects. He was previously head of project finance in Europe for Bank of Tokyo-Mitsubishi, one of the world's largest project-finance lenders.
A doozy but useful. Many bizarre editing errors, a whole paragraph is repeated at one point, but these also serve as fun easter eggs to wake you out of the inevitable slumber that you will face reading this book.