Case Studies
Regional Bank
Energy
SITUATION
- Amid pressure from the regulators, the Bank sought to diminish its energy exposure
- The Bank had a bilateral revolver and term loan with two oil & gas companies with assets near the Gulf Coast
- In addition, the Bank had a sizeable participating interest in a revolver with an oil & gas Company that produces over 750 barrels per day
OUTCOME
- As a result of the transactions, the Bank captured value in cash and relieved pressure from the regulators, ending a management distraction
The Challenge
Amid pressure from the regulators, the Bank sought to diminish its energy exposure.
The Chiron Solution
Chiron helped the Bank divest three of its oil and gas loan holdings individually.
The Result
As a result of the transactions, the Bank captured value in cash and relieved pressure from the regulators, ending a management distraction.