RBL: Difference between revisions
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imported>Doug Williamson (Create page. Source: Thomson Reuters webpage https://uk.practicallaw.thomsonreuters.com/7-583-2606?transitionType=Default&contextData=(sc.Default)&firstPage=true&bhcp=1) |
imported>Doug Williamson (Update links.) |
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==See also== | ==See also== | ||
* [[ABS]] | * [[ABS]] | ||
* [[Asset backed finance]] | * [[Asset backed finance]] | ||
* [[Reserves]] | * [[Reserves]] | ||
*[[Special purpose vehicle]] | *[[Special purpose vehicle]] | ||
* [[UK Finance]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Revision as of 18:19, 2 December 2021
Asset backed finance - oil and gas.
Abbreviation for Reserve Based Lending or Reserves Based Lending.
RBL is a type of asset-based lending (ABL) used in the oil and gas sector.
Loans are secured by oil and gas assets, for example a developed and producing field or a portfolio assets in different stages of development.
The loan is generally repaid from the proceeds of sales from the field or portfolio.
