New Zealand

Details

  • Service: Advisory, Corporate Finance, Infrastructure Financing
  • Type: Business and industry issue
  • Date: 15/08/2009

The use of mini-perms in UK PFI 

Listening to the banks and reading the project finance press, you would think that mini-perms are the 'in-vogue' funding technique for PFI transactions, that traditional long-term debt is history and that banks will only provide short-term lending.
the use of mini-perms
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This paper considers whether mini-perms will become the norm for funding UK PFI projects and, if so, what does it mean for public sector authorities and private sector bidders in the PFI market?
 

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