AGENT CONTRACT/MANDATE

2013

If you have any questions regarding this memorandum, please feel free to contact me.

Principles of Project Finance, 2002

This chapter reviews the private-sector debt markets for project finance, in particular commercial banks (cf. §3.1) and bond investors (cf. §3.2). The uses of mezzanine or subordinated debt (cf. §3.3), leasing (cf. §3.4), and vendor finance (cf. §3.5) are also considered. Loans and guarantees provided by export credit agencies and multilateral and bilateral development banks, mainly for projects in developing countries where the private sector is not willing to assume the credit risk in the country concerned, are discussed in Chapter 11 (but cf. §3.6). Private-sector project finance debt is provided from two main sources-commercial banks and bond investors. Commercial banks provide long-term loans to project companies; bond holders (typically long-term investors such as insurance companies and pension funds) purchase long-term bonds (tradable debt instruments) issued by project companies. Although the legal structures, procedures, and markets are different, the criteria under which debt is raised in each of these markets are much the same. ("Lender" is used in this book to mean either a bank lender or a bond investor.

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He is leading the Project Business research group (PB). Karlos Artto's long experience in working in industry, and his several research projects with global firms and domestic organizations provide a strong empirical basis for his academic achievements. His publications include more than 100 academic papers, book chapters and books on project business and on the management of project-based firms. He belongs to several editorial boards (including International Journal of Project Management, Project Management Journal, and International Journal of Managing Projects in Business). He has supervised more than 100 master's theses and several doctoral dissertations. His current research interests include: project business as a research area and as an area of practical application in firms; business models of global project-based firms; governance of large and networked projects; project strategy as the strategy of a single project and its relation to business strategies of firms participating to the project, and; risk management, especially new paradigms in project risk management.

Litteraria Copernicana, 2013

2011

dirigé par Monsieur le Professeur Alain RICHARD, plus particulièrement au sein de l'équipe de Longwy du CRAN, dirigée par Monsieur le Professeur Mohamed DAROUACH. Je tiens tout d'abord à remercier les membres du jury qui me font l'honneur de participer à l'examen de ce travail. Je suis très sensible à l'intérêt qu'ont bien voulu porter à ce travail Monsieur Farhat FNAIECH, Professeur à l'Ecole Supérieure des Sciences et Techniques de Tunis (Tunisie) et Monsieur Alain OUSTALOUP, Professeur à l'Université de Bordeaux. Je tiens à les remercier pour m'avoir fait l'honneur d'être rapporteurs de ce mémoire. Que Monsieur Mustapha OULADSINE, Professeur à l'Université de Marseille, trouve ici l'expression de ma profonde gratitude pour avoir accepter de juger mon travail et d'être parmi le jury d'examen. Je tiens à remercier vivement Monsieur Mohamed DAROUACH, Professeur à l'Université Henri Poincaré -