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Model for calculating Loss Given Default (“LGD”) for project finance transactions
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Model for calculating Loss Given Default (“LGD”) for project finance transactions
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Model for calculating Loss Given Default (“LGD”) for project finance transactions
EKF Denmark’s Export Credit Agency requests a methodology for estimating the expected recovery on project finance transactions as a supplement to existing risk rating scorecards. EKF intends to purchase an existing standard off the shelf LGD model rather than to develop a bespoke model.
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Read the description of requirements for the LGD model for project finance transactions here.
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