This Case is about FINANCIAL ANALYSIS, FINANCIAL MANAGEMENT, FINANCIAL MARKETS, PROJECT MANAGEMENT, RISK MANAGEMENT
PUBLICATION DATE: September 23, 2009 PRODUCT #: 104S12-PDF-SPA
Petrolera Zuata, Petrozuata C.A., Spanish Version case solution
Petrozuata is a proposed $2.5 billion oil field development project in Venezuela. The case is set in 1997 as the project sponsors, Conoco and PDVSA (Venezuela’s national oil company), are intending to meet with various development services and rating services regarding the proposed fiscal structure.
The sponsors expect to raise some of the $1.5 billion debt in the capital markets, which will necessitate an investment-grade rating.
The crucial questions are whether the job will reach an investment-grade standing and, if not, the best way to fund the undertaking. Describes what turned out to be an exceptionally well-crafted monetary trade, one that was named “Bargain of the Year” in 1997 by nearly every journal covering project finance.