Webinar
Mastering DSRA and MRA Modelling: Building Financial Resilience in Project Finance
21 November, 11AM SGT // 2PM AEDT
For European time click here
Ever wondered why lenders insist on reserve accounts like DSRA and MRA in project finance deals?
In the realm of energy and infrastructure finance, reserve accounts such as the Debt Service Reserve Account (DSRA) and Maintenance Reserve Account (MRA) are more than technical provisions.
These reserve accounts serve as critical financial safeguards within project finance structures. The DSRA provides a buffer to ensure debt obligations are met during periods of cash flow volatility, while the MRA allocates funds for essential maintenance, thereby preserving asset integrity and operational continuity. Collectively, these mechanisms strengthen the project's credit profile, mitigate default risk, and bolster lender confidence in its long-term financial resilience.
In this session, we’ll dig into how these accounts work, why they matter, and how to model them properly. You’ll learn how DSRA cushions debt payments during cash flow dips, and how MRA sets aside funds for big maintenance jobs that keep assets humming. We’ll also examine the Debt Service Reserve Facility (DSRF) and how it compares to funded reserve accounts.
Key Learning Outcomes
- Understand how DSRA and MRA function as financial safeguards
- Learn to model reserve mechanics that simulate stress scenarios
- Interpret reserve-related clauses in credit agreements
- Explain the commercial logic behind DSRA and MRA with confidence
This session is ideal for financial modellers, developers, and credit analysts seeking to enhance their technical modelling skills and deepen their understanding of reserve structures in project finance.
