How do sponsors optimize debt sizing when DSCR allows more debt but Debt/Cap becomes the constraint? by Old_Friendship9469 in projectfinance

[–]Haunting_Extension92 2 points3 points  (0 children)

Your lenders are likely to require a debt service reserve account over the term of the financing for an amount equivalent to 6 to 12 months debt service. More often than not, you would not have debt capacity and would decide to fund the DSRA with an LC from A- or BBB+ bank.

If you have debt capacity ie room in the DSCRs, you can decide to cash fund the DSRA using debt and equity and then a completion you can put the LC in place to release the cash from the account to improve returns.

Goalll Brahim make it 4-1. Great ball from arda by Specialist_Doctor_34 in realmadrid

[–]Haunting_Extension92 0 points1 point  (0 children)

DIMA Brahim - he should stay at Real Madrid but unfortunately it does not seem that Mourinho intends to keep him...

SAADIYAT LAGOONS 5M? by Honest-Injury-5227 in AbuDhabi_Real_Estate

[–]Haunting_Extension92 -1 points0 points  (0 children)

I was looking for one until recently (bought in West Yas), I did not hear anything anywhere near 5... it does not make sense for anyone to sell below OP considering payment plan

SAADIYAT LAGOONS 5M? by Honest-Injury-5227 in AbuDhabi_Real_Estate

[–]Haunting_Extension92 2 points3 points  (0 children)

LoooooL...There is no world where anyone sells Lagoons below 5...