Project Finance
What It covers
- Non-cancelable limits
- Cover for MTLs backing contract or project financing
- Cover default, protracted default, insolvency and bankruptcy risks of an obligor
- Cover political risks including government default as an obligor or as a guarantor, currency conversion and/or currency transfer risks
- Cover lines up to 7-years credit terms, inclusive of up to 4-years of invoicing periods
- Typically, up to 90% indemnity but 95% is considered
