Articles and Resources

Key References – Credit Tenant Lease (CTL) & Project Finance

2025

• Fitch: Infrastructure & Project Finance Rating Criteria

• Arbor: The Essentials of Credit Tenant Lease Financing – A Professional Guide

2024

• Moody’s: Rating Methodology – Credit Tenant Lease and Comparable Lease Financings

• Norton Rose Fulbright: Credit Tenant Lease (CTL) Financing

2023

• Norton Rose Fulbright: Project Bonds and Energy Transition

• DBRS: Global Methodology – Credit Tenant Leases

2022

• Crédit Agricole: Project Bond Focus – Fundamentals

2021

• Kroll: Project Finance & Infrastructure Global Rating Methodology

2019

• Commercial Leasing Institute: Structuring a Credit Tenant Lease Financing – Balancing Interests of Developers, Lenders, Tenants and Investors

2018

• Kroll: Global Structured Finance Counterparty Methodology

• CNBC: Office Envy – A Look Inside L’Oréal USA’s Headquarters at Hudson Yards, Manhattan

2017

• Related: L’Oréal USA Moves Corporate Headquarters to Hudson Yards

• Lexology: Financing a Commercial Tenant’s Leasehold Improvements – Pitblado

• Crédit Agricole: Project Bond Focus – Issue 5