Clifford Chance

Broadening the Equator Principles beyond Project Finance - New Proposals

10 June 2011

A review of the Equator Principles (EPs) has made recommendations to change a number of aspects of the EPs framework and these could have a significant impact on finance transactions. In particular, use of the EPs could extend beyond pure project finance to corporate loans where the majority of funds are used to finance a single asset. These suggested changes to the EPs framework will need to go through the formal EPs institutions' deliberation process before the EPs can be changed and this will take several months. Signatories and non-signatories to the EPs alike should start to assess now the impact that the proposed changes could have on finance transactions and consider taking part in the update process.

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