As the US PPP market expands and diversifies, new asset types, financing and project structures introduce new risks. Many existing projects in construction are materially delayed while others face challenges transitioning into operations, triggering contractual default thresholds. Some projects face rising construction costs, skilled labor shortages and a higher cost of capital in a rising interest rate environment.
Financing and project structures are weakening, yet public bond offerings continue to be over oversubscribed due to the high demand for a limited number of projects reaching financial close each year. Does the pricing achieved by PPPs over the last few years more reflective of the risk of the PPP project or market dynamics? Will this correct or continue?
On December 6th, Moody's Annual PPP and Project Finance Conference 2018 brings together industry thought leaders and Moody’s senior analysts across multiple sectors to engage in discussions on current event and trends, including:
• Will infrastructure investment once again take a back seat behind other policy priorities post midterm elections?
• Which infrastructure sectors are most exposed to ESG credit risks?
• What makes a city smart and what are the some of the leading initiatives globally? Are we leading or following?
• Will the growth in higher education and airport project financings continue?
• What are the prospects for the Canadian and Latin American PPP markets?
Click here to view the full agenda. Registration for this event is required. Please follow this link to register.
Please register early for this event to avoid disappointment, a waiting list will be implemented once full capacity is reached.
Should you have any questions, please email email@example.com or contact Moody's Client Services on +1 212-321-6549.