![pfcfo](https://www.privatefundscfo.com/wp-content/themes/Newspaper-child/images/modal/modalheader-pfcfo-rebrand.png)
Bruno Alves
The government is gearing up to launch a vehicle that will allow the capital markets to refinance PPP debt post-construction without exposing them to project risk. The bonds issued will have the same rating as the French state (AAA) in projects where it is the procuring authority.
In the UK, confusion over the lifecycle costs of public-private partnerships is tainting their image. Over the other side of the Channel, a very different view exists
A proposal allowing the French government’s €10bn debt guarantee – which can cover up to 80% of the commercial debt used in public-private partnership deals – to be extended beyond its original closing date of December 31 2010 is set to be sent to the legislature next month.
The Japanese manufacturing company’s pension fund, which manages 87 billion yen of assets, is reportedly planning to target domestic and international real estate investments for the first time since 2006.