Location
San Antonio, TX
United States
Date
April 6, 2014
Type
Presentation
Event Type
Spring Conference
Presenters
Fran Lawall, Pete Speer
Description
More and more companies are creating and managing master limited partnership structures (MLPs). These types of organizations introduce unusual credit risks, particularly since many fall below investment grade quality. This session will provide an in-depth look at how the MLP structure affects the credit risks of a company. The discussion will draw on case studies to demonstrate what credit professionals need to look for to analyze an MLP, including distinct aspects of financial reporting compared to corporates, the implications on tax and distribution policies, and key credit metrics to monitor.
