Asset-Backed Securities Financing in the Energy Sector: What Upstream and Midstream Companies Should Know

Asset-backed securities (ABS) structures are reemerging as an important financing tool across the energy sector, particularly for upstream and midstream companies with stable, predictable cash flows. As borrowing bases tighten, traditional bank lending becomes more constrained, and private credit continues to expand, companies are increasingly exploring securitization structures as an alternative source of capital.... By: Troutman Pepper Locke