This Guarantee covers debt service defaults to enable public and private borrowers to access financing for public or private investment projects. This Guarantee covers a certain percentage of debt raised by a borrower regardless of the cause of the debt service default to the private lenders for public or private investment projects. This Guarantee allow entities needing credit enhancement to access financing sources or improve commercial financing terms and conditions, and enabling borrowers to access financing with lower interest rates and longer tenors.

This REARDON Guarantee provides cover for small, medium or large-scale projects that require substantial upfront capital financing. The guarantee coverage can be flexibly structured to cover principal repayments, interest payments, or a combination tailored to the specific needs of the borrower, lenders, and project. By enhancing the project’s credit profile, REARDON Guarantee helps to finalize private sector financing that might otherwise be unavailable or too costly.