PF Basics Part 4: The LLCR an extension of, and complement to, the DSCR
The Loan Life Cover Ratio (LLCR) is one of the ratios used to assess the project company’s ability to repay its debt.
PF Basics Part 3: An overview of the DSCR
The Debt Service Coverage Ratio (DSCR) is the most commonly used ratio in Project Finance. It is a periodic measure of a project company’s ability to meet its debt obligations.
PF Basics PART 2: Understanding Lenders’ Requirement of a DSRA
A Debt Service Reserve Account (DSRA) is normally required by the lending banks if you are looking for project financing
PF Basics PART 1: Why CFADS is key in Project Finance
In the world of Project Finance, a project’s capacity to generate cash is at its core. Cash Flow Available for Debt Service (CFADS) is a measurement of precisely this.
