IECA Webinar: Calling on Collateral – The How-to’s and What-to-Do’s

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Company
Presented by the Developing Energy Professionals Education Group (DEPG)
Date
October 6, 2020
Type
Webinar
Event Type
Seminar/Webinar
Presenters
Daniel Pesikoff
Patrick Vogelei
Description

In the world of credit, the possibility of having to draw on a letter of credit is ever-present. Does a letter of credit protect you if you do not know how to draw on it? How can you prepare for this scenario? This session will walk through the How To’s of drawing on a letter of credit and calling on collateral and the What-To-Do’s before the need arises.

Learning Objective: Attendees will learn best practices and vital information for understanding how to call on collateral and drawn on a letter of credit, while learning to prepare their firms for a default and the steps needed to act quickly in the event there must be a draw on a letter of credit.

Speakers:
 Daniel Pesikoff, Calpine Corporation 
Patrick Vogelei, Exelon

View on our IECA Online Learning Portal HERE! 

Members: FREE!
Non-Members: $35.00

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The IECA has been a key element to the success I have had in my career. The education groups and conferences help keep me informed of best practices and what my peers are doing to address many different aspects of energy risk. Also, the IECA has helped build my leadership skills through my involvement on the board of directors and executive committee. I most enjoy the social capital I've gained through the many opportunities the IECA offers to network at conferences and events. It is much easier to negotiate when you personally know the person on the other side of the table.

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