QGPC Sets A Structured Finance Precedent And A Model For Gulf Transactions
In less than 12 months, Qatar General Petroleum Corporation (QGPC) raised nearly $2bn in structured finance for its natural gas liquids (NGL) projects at competitive pricing and despite difficult market externalities stemming from the tail end of the Asian crisis, a period of low oil prices and Russian default. Of this total, $400mn was raised in the capital market in the form of...
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