No results were found for your search. Please adjust your search term or broaden your search criteria.
Still can't find what you are looking for? We can prepare Custom Research for you.
The Limited Recourse market in Construction is a type of financing arrangement where the lender has limited recourse to the borrower's assets in the event of a default. This type of financing is often used in large-scale construction projects, such as infrastructure, where the lender is not able to secure a traditional loan. The lender is typically a consortium of banks, private equity firms, or other financial institutions. The borrower is typically a special purpose vehicle (SPV) set up by the project developer.
The Limited Recourse market is an important source of financing for large-scale construction projects, as it allows the project developer to access capital without having to put up their own assets as collateral. This type of financing also allows the project developer to spread the risk of the project across multiple lenders, reducing the risk of default.
Some of the major players in the Limited Recourse market include Goldman Sachs, Morgan Stanley, Credit Suisse, and UBS. Other companies such as Blackstone, KKR, and Apollo Global Management are also active in the market. Show Less Read more
