Three project bond deals in a month? To unwitting observers, it might not sound quite like a bonanza, but in the context of the European infrastructure financing market, three project bond deals in a single month is something special indeed.
As has been oft-repeated, Europe was home to a thriving infrastructure project bond market in the noughties – worth in excess of £100 billion (€115 billion; $152 billion) – that came crashing to a halt when the financial crisis hit the monolines hard.
