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Project Finance

In: International Business Finance

Author

Listed:
  • Douglas Wood

    (Manchester Business School)

  • James Byrne

    (Manchester Business School)

Abstract

The traditional model of international investment is for a parent company to make an equity investment in a wholly-owned (about 50 per cent of all investments) or partially-owned foreign subsidiary, perhaps supplementing this with guarantees so that the subsidiary can have access to local capital markets for additional term and working capital.

Suggested Citation

  • Douglas Wood & James Byrne, 1981. "Project Finance," Palgrave Macmillan Books, in: International Business Finance, chapter 10, pages 259-291, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-03120-7_10
    DOI: 10.1007/978-1-349-03120-7_10
    as

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