How do project finance (PF) loans differ from other syndicated loans?
A) PF loans are guaranteed by the borrower,while other syndicated loans are not.
B) PF loans are issued to special stand-alone companies whose sole purpose is the construction and operation of a single project.
C) PF loans are issued in multiple currencies,while most other syndicated loans are issued in a single currency.
D) All of the above are true.
Correct Answer:
Verified
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