12 Apr 2022
The ABCs of RBLs
This practice note provides an overview of reserve-based loans (RBLs) in the oil and gas (O&G) industry. RBLs are a type of asset-based loan that are commonly used in the upstream O&G industry, especially among non-investment grade companies. This practice note also discusses recent market trends in certain publicly-filed deals from 2021.
Related Content
- Asset-Based Lending Resource Kit
Refer to this resource kit for an overview of asset-based lending. Asset-based loans may be used by a wide variety of businesses, both in terms of size and credit quality, and may also be used for a number of different purposes.
- Reserve-Based Loans
Review this practice discussing the key characteristics of RBLs.
- Market Trends 2021: Anti-hoarding Provisions
Check out this practice note for an overview of the purpose and key characteristics of anti-hoarding provisions common to debt financing agreements in the O&G industry. This practice note also discusses recent market trends in certain publicly filed deals from 2021.
Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.
- Market Standards—Finance
- Market Trends 2021: Green Loans
- Market Trends 2021: Sustainability Linked Loan Principles
- Closing Mechanics Process Map
- Borrower Default and Lender Next Steps Process Map
- Due Diligence in Lending Process Map
- Check out the new Practical Guidance Author Center! Learn about the 1500+ leading attorney authors contributing to our 20 practice areas, and find out how you can Become a Practical Guidance Author.
- Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.
Experience Lexis+