MARKET TALK: Construction financing and cash flow
“We see a significant cash flow mismatch coming in,” says Chiradeep Deb, managing director, head of corporate finance, DCM and Syndications at Mashreq Bank.
“This is because projects need to be still delivered to the timelines that they used to be delivered to in the past, probably a bit more aggressive given the pipeline of projects [now], but at the same time the easiness with which payments used to flow to the banks is not the most optimal.” Source: Mashreq Market Talk
https://youtu.be/32q-qneIJIg