redit Ratings (LEC5)
Credit Ratings have become an integral part of project finance.
Discuss the following using examples:
a) What are the possible benefits of a credit rating for a project in terms of refinancing the construction loan?
b) How else is a credit ratings used in Project Financing?
c) At what stage in a project does one normally seek a credit rating & why at that time? And
d) How can banks ensure a project obtains a credit rating?
ANS: ( 300WORDS )
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