BNP Paribas's innovative hedging for Kosmos Energy
In July 2009, private oil and gas exploration and production company Kosmos Energy closed the financing deal for embarking upon the first phase of its production plan for the Jubilee field off the coast of Ghana. BNP Paribas acted as security trustee, junior facility agent and held the role of hedging co-ordinator bank. The scale of the project required an innovative solution from the bank with
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