Certificate In Project Finance (CPF)

Key Learning Outcomes:

• Learn key techniques of Project Finance
• Use qualitative and quantitative tools and measures to distinguish the key risks
• Interpret each of the risks to determine their severity and potential impact on the transaction structure
• Appreciate how the mechanisms in the transaction documents operate to protect the creditors and evaluate the protection provided
• Build a credit rationale in order to make and substantiate investment decisions

Topics Covered:

• Introduction to Project Finance
• Market Analysis
• Business Model Analysis (Promoter, Technical, Financial & Economic)
• Jurisdiction, Legal and Expert Reports
• Assessing the Risks (Macro risks, Completion risk, Operational risk)
• Risk Mitigation
• Project Investment Criteria
• Debt Service, Capital Structure and Counterparty Risk
• Debt Structure – Documentation
• Financing Capital Structure (Choice of Securities, External Commercial Borrowing, Venture Capital, Lease Finance, Working Capital Finance)
• Taxation & Incentives