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Steven Wood
MD - Corporate Finance

European High Yield

Sandra Veseli
MD - Corporate Finance

Middle East

David Staples
MD - Corporate Finance

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Victoria Maisuradze
Associate MD -
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MD - Corporate Finance


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MD - Corporate Finance



Oil & Gas

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  • 4 Jan 2016
    • Oil and gas industry will slash spending in 2016 as price slump continues
      Excess supply will continue to drag on prices in 2016 in the global oil markets and the US natural gas market. Integrated and national oil companies will cut capital spending and thus lower capital budgets in 2016, and oilfield services and drilling companies in particular will emphasize cost reduction as they adjust to reduced demand... Full Report l Press Release
  • 15 Dec 2015
    • Low oil prices will weaken the global oil and gas industry
      Oil prices that will remain lower for a longer-than-expected period will be particularly credit negative for the exploration & production (E&P) and drilling and oilfield services (OFS) sectors. It will also cause the integrated oil and gas sector to further cut expenditures for a second year. The current oversupply that is dampening oil prices could be exacerbated in 2016 by production coming online from Iran following the lifting of sanctions, and slowing demand from China...Presentation l Press Release
    • Moody’s sharply lowers price assumptions for benchmark crudes as production will far outpace consumption
      We have sharply lowered our oil price assumptions as continued high levels of production by global oil producers has significantly exceeded growth in oil consumption. The potential lifting of Iranian sanctions could add significant supply to the market in 2016, offsetting or even exceeding expected declines in US production, leading to a prolonged period of oversupply that will keep oil prices down for longer than previously anticipated... Full Report
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