Partial Credit Guarantees
A partial credit guarantee will cover non-payment of “part” of the debt service regardless of the cause of default. GuarantCo can provide partial credit guarantees and can cover up to 100% of principle repayments. 100% cover will only be provided in exceptional cases (typically if such cover is a regulatory requirement) to ensure the transfer of some risk to the debt provider and the associated development of the local currency debt market.