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A riskier or more expensive project may possibly involve confined recourse financing secured by a surety from sponsors.

Delivers background information on the function of cash markets in PPP financing and sets out the reasons why the cash markets have mainly withdrawn from it

This is especially significant if lengthy-term funding isn't readily available for the project and the place the general public sector can be drawn into challenges linked to the necessity to refinance shorter-term financial browse around this web-site loans (so-referred to as “mini-perm” structures). Guidance 4

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