Europe's Project Financing Woes Open Door For Japan

Law360, New York (January 20, 2012, 2:19 PM EST) -- As many of Europe's biggest banks scale back their project finance lending in the face of the region's debt crisis, experts say an opportunistic investor is poised to step in: Japan.

With their huge balance sheets and long histories in project finance, Japan's biggest banks are well-positioned to benefit from Europe's troubles — and to keep feeding the growing market for infrastructure and energy funding.

“Deleveraging in Europe is very real and Japanese banks are well-poised to take advantage,” said Gavin Raftery, a finance partner in...
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