Evolution to Inclusion The Creation to Implementation of On Demand and Fronted LC Payment Bonds


614 Canal Street
New Orleans, LA 70130
United States

April 18, 2023
Event Type
Spring Conference
Pat McKinnon
James Goerig
Mike DeLuca
Adriano Dariva

In 2017, Mike DeLuca and Pat McKinnon introduced the IECA to a new alternative risk product that was, at that time, under development but seen as a huge opportunity for capital relief and enhanced liquidity in the future. This session will also demonstrate how On Demand Payment Bonds and Fronted LC Bonds are currently being used and becoming a mainstay in Energy Credit, the scope of volume as well as the future of these instruments.