The following Banking & Finance news provides comprehensive and up to date legal information on Sustainable finance and ESG monthly round–up—30 April 2025
Bills of exchange—structure and partiesBills of exchange are negotiable instruments that represent an unconditional promise by one party to pay...
Term Loan B facilitiesThis Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in...
Invoice discounting and factoringThe popularity of financing business through the invoice discounting and factoring of receivables has grown...
Common financial covenantsThis Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum...
Project accounts and the accounts agreementIn a typical project finance transaction, the lenders rely heavily on the revenues generated by the project for repayment of the loan. As a result, project finance lenders will impose strict restrictions on how the project company uses its cash. This
Project finance—financial model and assumptionsBefore embarking on a potential project, the proposed sponsor must prepare a 'feasibility study' to assess the project's viability. A feasibility study analyses the key elements of a proposed project (eg issues relating to the economics of the project,
The project financing of renewable energy projectsIntroductionRenewable energy projects are financed by a number of sources: direct equity investment, shareholder loans, on a corporate basis, or by project finance (which itself features a variety of different finance sources).Project finance was
Project finance—meaning of completion and its effectProjects involving the development of a new asset or facility (known as 'greenfield' projects) are generally split into two phases: construction and operation. In a project finance transaction, completion marks the end of the construction phase of
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