This link will take you away from marsh.com.

Are you sure you want to leave this site?

Create Liquidity through Deployment of Surety Credit Solutions in the Energy and Power Sector

Prior to COVID-19, an oversupply of oil existed, now, COVID-19 has dramatically reduced economic activity and demand for energy. Inventories are close to capacity and even once demand returns it will take time to clear accumulated stockpiles. The low demand for oil due to COVID-19 may persist, as society adapts to remote working and reduced travel on the existing backdrop of a movement towards decarbonization.  In order for energy companies to navigate this challenging economic environment, they will need to find creative ways to reduce costs and protect their balance sheets. 

Listen to our webcast to learn how energy companies can create liquidity by replacing bank instruments with surety credit instruments.

This webcast covers:

  • An overview of surety credit. 
  • Different applications for surety bonds / surety credit.
  • The difference between letters of credit and surety bonds; including potential advantages of using surety instruments.
  • An overview of letter of credit fronting deal structure (ahead of surety capacity).
  • Examples of creative surety credit solutions. 

Presenters:

  • Brad Vescarelli, Senior Vice President, National Energy Leader
  • Murray Epp, Senior Vice President, Commercial Surety Leader – Western Canada

Please note, this webcast is in English only.

Create Liquidity through Deployment of Surety Credit Solutions in the Energy and Power Sector