15 April 2018: “This cleverly removes the banks from the whole formula, and then it becomes the buyer’s problem,” said Jason Feer, head of business intelligence at Poten & Partners Inc. in Houston. “The fact that you don’t have a whole bunch of people falling over themselves to sign is an indicator of how complicated it is.”
“Feer, in a telephone interview, said he couldn’t think of any company that’s “financed or done a major project that was structured like this. It’s a pretty radical departure.””
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