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LATEST ISSUE - April 2008
Bonfire of the monolines
Monolines are charging borrowers more than ever for their core product, despite subprime's damage to their reputations. But has the crunch chased them back to the margins of infrastructure finance? Tom Nelthorpe reports.
FEATURES
Fool me twice
South Africa, home of the most developed power industry on the continent, is suffering blackouts. But the government's plans to increase independent power production have suffered a repeat setback. By Ben Scarum.
Paradise syndrome
Project financing has helped developers bring mines online without excessively diluting their equity. But high commodity prices, which have helped this process along, bring their own challenges. Paul Smith talks mining debt market dynamics with Mark Tyler, head of mining and resources Nedbank Capital, Eberhard Gschwindt, technical adviser EIB, Brian Kennedy, managing director Nedbank Capital Saila Miettinen-Lahde, CFO Talvivaara Mining and Pekka Pera, CEO Talvivaara Mining
Brisa the action
Does Brisa have the funding capacity to exploit turbulence in the credit markets and embark on projects in Eastern Europe and the Americas? Catherine McGuirk talks risk strategy and expansion with Brisa's head of finance, João Pereira de Vasconcelos.
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