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Keywords:Oil firms 

Journal Article
Do Adverse Oil Price Shocks Change Loan Contract Terms for Energy Firms?
Rodziewicz, David; Sengupta, Rajdeep; Marsh, W. Blake (2017-10)
This article examined whether the relationship between creditworthiness and loan spreads for energy firms in the syndicated loan market changed after the 2014 oil-price shock. {{p}} The authors use syndicated loans, which are jointly funded by several financial institutions, because the syndicated loan market is a major source of debt financing for oil firms. Credit conditions tightened following the oil-price shock in mid-2014.
Economic Review , Issue Q IV , Pages 59-86

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