Sequoia’s summary of Moody’s analysis of infrastructure debt
Marginal default rates drop over time as projects move from construction to operation and loans amortize. This is unlike investment grade credit…
Read moreMarginal default rates drop over time as projects move from construction to operation and loans amortize. This is unlike investment grade credit…
Read more(1) EIOPA, "Consultation Paper No. CP-15-004 on the Call for Advice from the European Commission on the identification and calibration of infrastructure investment 1 risk categories," 2 July 2015.