Generally, oil and gas projects have little difficulty being financed these days, but when there is a rig purchased out of bankruptcy, a non-recourse structure and a PEMEX contract, things become interesting. As they say, you can’t tell the players without a scorecard, so we will begin with a discussion of the principal parties to the transaction and there are a few, but then again that’s why it’s a structured transaction.
This is only an excerpt of Have a Seat. This is Going to Take a While – Structured Finance Award West
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Tags: · George Weltman
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