No let up for oil and gas borrowers
By EsqSocial Corporation 05/11/20
The oil and gas sector has been one of the hardest hit by COVID-19 lockdowns and there has been little relief as restructurings rise across the industry - The oil and gas (O&G) upstream sector continues to face financing headwinds in the second half of 2020, with prolonged low oil prices and over-levered balance sheets pushing O&G producers into restructurings and bankruptcy....
By: White & Case LLP