Drawdown cover ratio is one of the key terms in project finance funding agreements.
It compares the projected maximum debt outstanding with the forecast net present value of the project cash flows during the term of the loan.
- ^“Key terms in project finance funding agreements”. out-law. Retrieved 22 Apr 2019.
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder TBIL.co STATX Fund.