LL project finance conference: Project bonds – more than just talk?

The benefits of using project bonds to fund infrastructure projects have been discussed at great length, but incorporating them into a project financing package is far from straightforward and their use has yet to take off in Central America, as we heard at Latin Lawyer’s project finance and infrastructure conference last week.“In terms of this famous project bond, what we have seen in the region aside from Panama is a lot of talking,” said Julio Eduardo Martínez of regional multilateral CABEI. “We have spoken with clients about it but haven’t seen one single deal that has in place a structure that includes project bonds.”

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