Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 22-06-2017 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Ophir Energy Southeast Asian Reserve-Based Lending Facility | Industry: | Oil & Gas Producers |
| Description: |
Ashurst advised Ophir Energy plc on its USD250 million reserve-based lending facility secured against Ophir Group's oil and gas producing assets in Southeast Asia.
In addition to the initially committed USD250 million, a further USD100 million was available on an uncommitted accordion basis. Rothschild acted as financial advisor to Ophir on the new RBL, which replaced Ophir's existing RBL.
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Borrower | Law Firm | Ashurst |
| Borrower | United Kingdom | Lender | United Kingdom |
| Classification: |
Syndicated and Bilateral Loans Syndicated Loans |
Lawyer | Huw Thomas |
