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Revista de Economía Institucional

 ISSN 0124-5996

KRISTJANPOLLER RODRIGUEZ, Werner    DIAZ ANTILLANCA, John. NEW STRUCTURE OF CHILEAN INFRAESTRUCTURE BOND'S WARRANTS. []. , 13, 25, pp.275-295. ISSN 0124-5996.

The Chilean concession system has been one of the cornerstones of the country's development, generating a strong relation between public and private sectors in the financing large scale projects. The recent financial crisis destroyed the trust and image of the monoline insurance companies, which insurance infraestructure-related Chilean bonds, increasing their international risk classification to AAA. Given this context, it is mandatory to study new guarantee schemes for these Chilean infraestructure bonds, particularly for projects over US$200 millions. Two alternatives proposed are: a guarantee company, and concession contracts guarantees with private coverage.

: concession system; infraestructure bond's guarantees; monoline bond insurers.

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