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EKF tender

Model for calculating Loss Given Default (“LGD”) for project finance transactions and access to LGD data pool

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. EKF is also looking for access to a data pool containing the widest possible LGD data at project transaction level.

Read more about the tender here