Petrozuata has a projected $2.5 billion oil-field development mission in Venezuela. The case is established in 1997 as the project sponsors, Conoco besides PDVSA (Venezuela's national oil company), are planning to meet with various development services and rating services regarding the proposed fiscal structure. The sponsors hope to raise some of the $1.5 billion debt in the capital markets, which will require an investment-grade rating.
The crucial questions are whether the job will achieve an investment-grade rating and, if not, how to finance the project. Describes what turned out to be an incredibly well-crafted financial trade, one that was named "Bargain of the Year" in 1997 by almost every journal covering project finance.
Petrolera Zuata, Petrozuata C.A., Spanish Version case study solution
PUBLICATION DATE: September 23, 2009 PRODUCT #: 104S12-PDF-SPA
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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