Securing a contact like this is clearly good news for CLO but...

  1. 524 Posts.
    Securing a contact like this is clearly good news for CLO but its also like holding a tiger by the tail. ARAMCO will have screwed the margins on the contract down to a point where its hard to make money and very easy to lose it. There is also the question of how much will disappear out of the contract into middle mens pockets.
 
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