Abstract
The equity financing of projects typically is performed through direct equity investments by the developers in the project company. However, depositary receipts can be an innovative way of raising cross-border equity capital for project financing.1 This chapter provides an overview of the main features of depositary receipts, particularly the American depositary receipts (ADRs) and the global depositary receipts (GDRs).
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© 1999 Kluwer Academic/Plenum Publishers
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(1999). Depositary Receipts. In: Project Financing and the International Financial Markets. Springer, Boston, MA. https://doi.org/10.1007/978-0-585-31561-4_4
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DOI: https://doi.org/10.1007/978-0-585-31561-4_4
Publisher Name: Springer, Boston, MA
Print ISBN: 978-0-7923-8524-0
Online ISBN: 978-0-585-31561-4
eBook Packages: Springer Book Archive