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The ABCs of RBLs

April 12, 2022 (1 min read)

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.

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