Citibank Canada Ltd - Monetization of Future Oil Production

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Case

Reference no. 9A95B032

Subject category: Finance, Accounting and Control

Authors: Robert W White (Ivey Business School, Western University); Justin Pettit (Ivey Publishing, Western University)

Published by: Ivey Publishing

Originally published in: 1992

Version: 2002-12-13

Length: 17 pages

Data source: Field research

Topics: Derivatives; Securities; Risk management; Bank lending

Share a link: https://casecent.re/p/15799

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Abstract

The focus of the case is on deal-making in the context of a structured note. The challenge for the student is the placement of US$125 million of Special Purpose Trust (SPT) paper. The financing was to fund SPT''s forward purchase of a portion of the future oil production. The structure of the note has to be modified in order to place the paper in a short period of time.

Location:

Canada, USA

Industry:

Banking

Size:

Large