Quote:
Originally Posted by Jay Random
This is based on what exactly? Please, tell me where else CSEC has done a major property development and turned it into a massive strip mall.
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Project finance, particularly debt will be priced and structured based on the credit quality of the counterparties to the lease agreements. Having smaller businesses as counterparties will likely lead to increased financing costs, assuming they can even find small businesses willing to commit that far out.
Conversely, CMLC has effectively the power of taxation so their credit worthiness is top tier and they don’t need to pre sign leases.
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