Cofinancing

Benefits of ADB's Commercial Cofinancing

For DMC borrowers

• additional financial resources to close financing gaps and enable priority development projects to be realized

• debt financing on the best possible terms resulting from the use of ADB's commercial cofinancing products, and

• ADB assistance in securing other types of financing (e.g., export credit) on favorable terms.

For cofinanciers

• enjoying benefits related to ADB's role as lender-of-record under the Complementary Financing Scheme;

• mitigation of sovereign risk through ADB's Political Risk Guarantee, and "guarantor-of-record" program;

• comprehensive mitigation of risk through ADB's Partial Credit Guarantee;

• access to ADB research and studies to help assess the scope for private sector participation in host countries, including commercial cofinancing and direct investments; and

• additional comfort from ADB's direct participation in all of its cofinanced projects.