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iainmorris
iainmorris
7/30/2018 | 11:52:19 AM
Re: Vendor financing?
That's a good question and one I didn't bring up when I spoke with them briefly earlier on today.

The head honchos were actually asked about vendor financing on the recent earnings call, however. This is what CFO Kristian Pullola had to say:

"We have limited exposure. We are working with operators to try to provide them with alternative financing sources, working together wih export credit agencies in countries where we have major operations. When it comes to large North American customers we have successfully been able to provide them with facilities that have been backed by export credit agencies -- that is what we will do now also and see if we can help. It is not direct exposure on the balance sheet."
DanJones
DanJones
7/30/2018 | 11:21:33 AM
Vendor financing?
I wonder if there's a vendor financing aspect to this?
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