Drilling & Wells

MCC meaning in oil and gas

Definition

Maximum Credit Cap

MCC means Maximum Credit Cap. The maximum credit cap is based on the median of a percentage of EBITDA (earnings before interest, tax, depreciation and amortisation), operating cash flow and tangible net worth.

The maximum credit cap is based on the median of a percentage of EBITDA (earnings before interest, tax, depreciation and amortisation), operating cash flow and tangible net worth.

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