A Structural Credit Risk Model for Illiquid Debt

by Frédéric Blanc-Brude, Majid Hasan Abstract: In this paper, we develop a structural credit risk model that relies on cash flow data to derive credit risk metrics. The model is useful for illiquid assets for …

Data collection for infrastructure benchmarking

The growing interest of investors for infrastructure investment has been motivated by what calls the “infrastructure investment narrative”: the notion that infrastructure projects uniquely combine the following characteristics: That is, investing in infrastructure implies: Unfortunately, …

Infrastructure Valuation

This book by Frédéric Blanc-Brude, Majid Hasan was published by PEI Media in March 2015. A sample can be downloaded here. It can purchased here

Unlisted Infrastructure Debt Valuation & Performance

by Frédéric Blanc-Brude, Majid Hasan, Omneia R H Ismail Abstract: This paper is part of an ongoing research project aiming to create long-term investment benchmarks for investors in infrastructure. It is the first valuation and …