TXF Africa 2020 Virtual
A premium online event focusing on recent and forthcoming developments across regional export & project finance with unbeatable networking opportunities across each market.
Baldev Bhinder, managing director of Singapore-based law firm Blackstone & Gold, explores how the opaque nature of paper-based trade finance can leave the door wide-open to mis-representation and even fraud.
Mercuria’s annual $1.2 billion Asian RCF closed last month. While the downsized deal and significant margin savings suggest the trader has a strong financial position, a continued drop in its oil trading business could spell a different fundraising story for 2020.
The renaissance in North Sea oil field M&As is being driven by new flows of capital and RBL lenders backing mid-cap oil companies acquiring assets from majors’ divesting in the sector. But how much value can these often PE-backed independents and special operators squeeze from older oil assets before they look to offload — or even float them?