Downstream: Difference between revisions
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imported>Doug Williamson m (Spacing) |
imported>Doug Williamson (Linked to The Treasurers Handbook - Legal implications of cash pooling structures) |
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# A ''downstream loan'' is a loan made by a parent company to one of its subsidiary companies. | # A ''downstream loan'' is a loan made by a parent company to one of its subsidiary companies. | ||
# In the oil and gas industry the ''downstream business'' refers to distributing and selling refined and synthetic oil and gas products, together with the refining of crude oil. | # In the oil and gas industry the ''downstream business'' refers to distributing and selling refined and synthetic oil and gas products, together with the refining of crude oil. | ||
== See also == | == See also == | ||
* [[Guarantee]] | * [[Guarantee]] | ||
* [[Upstream]] | * [[Upstream]] | ||
* [[Legal implications of cash pooling structures]] | |||
Revision as of 11:07, 1 December 2014
- In relation to guarantees, a downstream guarantee is one given by a parent company in relation to the obligations of one of its subsidiary companies.
- A downstream loan is a loan made by a parent company to one of its subsidiary companies.
- In the oil and gas industry the downstream business refers to distributing and selling refined and synthetic oil and gas products, together with the refining of crude oil.
