Jones Day (JD Supra Indonesia)
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Indonesia's Infrastructure Financing Deficit—ABS to the Rescue?
Indonesia's considerable infrastructure financing deficit is a hot topic in the project finance market. A likely outcome of this infrastructure gap is the growth of alternative financing instruments, such as asset-backed securities ("ABS"). An ABS is the transformation of illiquid financial assets (e.g., income receivables and infrastructure charges) to liquid financial assets by way of the...
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