Natixis Infrastructure Debt Masterclass 2018

The aim of this masterclass is to provide participants with an in-depth understanding of the nature of private infrastructure debt investments from the origination process and characteristics of these instruments to measuring the risk-adjusted a portfolio of infrastructure debt.

Topics to be discussed:

Part I: Nature of credit risk in private infrastructure debt

• The nature of infrastructure project debt instruments: from concrete to contracts
• A cash-flow driven credit risk model
• Better measures of credit risk, 20 years of data and unbiased measures of PD and distance to default

Part II: Performance measurement of private infrastructure debt investments

• A structural model of private project finance debt
• Embedded options in infrastructure debt
• The term structure of risk and cash flow discounting in infrastructure projects

with the support of