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U.S. Department of Energy
Office of Scientific and Technical Information

Euro-markets offer important source of funds for US gas companies (in Rubenstein, Wolfson and Co., Inc., 230 Park Ave., New York, NY 10017)

Book ·
OSTI ID:6206342

As gas takes on a greater role in the US energy supply, European investors are favoring financial agreements with those US gas companies having attractive reserve positions. Overseas financing in the Eurobond and Eurobanking markets offers an advantageous source of funds for the gas industry, providing possible reductions in borrowing costs during periods of high US financing rates. Foreign issuers can often obtain covenants and other nonmonetary terms in their agreements not available in domestic markets. Furthermore, US regulatory commissions that encourage or reward innovation may view overseas financing as an innovative proposition.

OSTI ID:
6206342
Country of Publication:
United States
Language:
Rubenstein, Wolfson and Co., Inc., 230 Park Ave., New York, NY 10017

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