Academic Press, 2012. — 472 p. — 2nd ed. — ISBN: 0123919460, 9780123919465
This book presents comprehensive coverage of project finance in Europe and North America. The Second Edition features two new case studies, all new pedagogical supplements including end-of-chapter questions and answers, and insights into the recent market downturn. The author provides a complete description of the ways a project finance deal can be organized-from industrial, legal, and financial standpoints - and the alternatives available for funding it. After reviewing recent advances in project finance theory, he provides illustrations and case studies. At key points Gatti brings in other project finance experts who share their specialized knowledge on the legal issues and the role of advisors in project finance deals. This is forword by William Megginson, Professor and Rainbolt Chair in Finance, Price College of Business, The University of Oklahoma. It offers comprehensive coverage of theory and practice of project finance as it is practiced today in Europe and North America. Website contains interactive spreadsheets so that readers can input data and run and compare various scenarios, including up to the minute treatment of the cutting-edge areas of PPPs and the new problems raised by Basel II related to credit risk measurement.
Introduction to the Theory and Practice of Project Finance
The Market for Project Finance: Applications and the Sectors
Project Characteristics, Risk Analysis and Risk Management
The Role of Advisors in a Project Finance Deal (Stefano Gatti, Massimo Novo, Fabio Landriscina and Mark Pollard)
Valuing the Project and Project Cash Flow Analysis (Stefano Gatti)
Financing the Deal (Stefano Gatti)
Legal Aspects of Project Finance (Massimo Novo)
Credit Risk in Project Finance Transactions and New Basel Capital Accord (Stefano Gatti)
Case Studies