(73) Understanding Project Finance: Key Benefits and Risks

Project Finance, a robust and sophisticated funding structure, facilitates large-scale, high-risk investments. Unlike traditional corporate loans, it hinges on the project’s future cash flows as the primary guarantee, enabling otherwise unfeasible ventures.

(71) Understanding Mezzanine debt: advantages and disadvantages»

Mezzanine debt is a type of hybrid financing that combines characteristics of both debt and equity. It is localted in a company’s capital structure between senior debt (which has higher priority in the event of liquidation) and equity.