Norwegian oil and gas company Var Energi has agreed an unsecured $6 billion revolving credit facility with half its previous pool of banks. The original 2019 RCF, an unsecured five-year reserve based lending facility, was used to partially finance Var’s acquisition of ExxonMobil’s...
Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...
The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part...
TXF speaks to Sullivan & Worcester partner Robert Parson about trade disputes, credit escalation and the flight to size as the crisis in the Gulf continues.
Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further underlined the fragility of international supply chains, but are West African producers set to take advantage?
The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part of an ongoing lawsuit – but why did lenders and ECAs struggle to find a default cure?
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