Partner Adrian Turner and Sophie Robinson, Assistant Project and Infrastructure Finance Group at Eversheds discuss a monumental year for PFI and the possibilities that a new government could bring in 2010.
2009 will be remembered as the year in which raising finance for PFI and PPP transactions became a monumental task. The number of active lenders in the market significantly reduced and those that remained hardened their positions. Financial close eluded a number of deals and those that did close found that terms which were previously on the table were no longer available.
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Posted by rjorr at December 21, 2009 7:17 PM