RT Journal Article
SR Electronic
T1 Project Finance Collateralized Debt Obligations
JF The Journal of Structured Finance
FD Institutional Investor Journals
SP 37
OP 41
DO 10.3905/jsf.2002.320286
VO 8
IS 3
A1 Forrester, J. Paul
YR 2002
UL http://jsf.pm-research.com/content/8/3/37.abstract
AB Project-finance collateralized debt obligations (CDOs) will allow portfolio investors a greater opportunity to participate in power and other infrastructure debt markets and will bring additional liquidity and transparency to such markets. Project-finance CDOs also will allow commercial banks, which have a long and successful history with project finance, to better manage their balance sheets and asset-liability mismatches. This article reviews the structures and features of a CDO and why project-finance debt is an attractive asset for a CDO.