The focus of the claim is on deal-making in the context of a structured note.
The funding was to finance SPT's forward purchase of a part of the future oil production. The construction of the note needs to be changed in order to place the paper in a short time.
Learning Objective: To educate pupils placement measurement of deal making, structured funding and commodity SWAP.
Publication Date: 11/07/1996
This is just an excerpt. This case is about Finance