Video
Latham in Focus: Energy & Infrastructure — Utilizing Incremental Capacity in Reserve Based Loans
October 9, 2024
Reserve-based loan features can be strategically deployed to obtain committed financing for acquisitions.
In this edition of Latham in Focus, Trevor Wommack, chair of the firm’s Finance Department in Houston, discusses the growing use of incremental capacity under reserve-based loans for upstream oil and gas transactions, and how these provisions can be utilized to obtain committed financing for an acquisition.