Aircraft Lease Portfolio Securitizations | Asset-Backed Commercial Paper | Asset-Backed Securities | CBOS, CLOS and Synthetic CDOS | Enhanced Equipment Trust Certificates | Financial Products | International and Emerging Market Transactions | Leasing Related Financings | Whole Business and Real Estate Financings

Asset-Backed Commercial Paper

As a leading player in the development of the asset-backed commercial paper market, we helped create the first pooled receivables-backed commercial paper programs in the United States and Europe, as well as the first loan-backed commercial paper programs.  In addition, the firm was a key participant in one of the first issuances of medium-term notes by a special purpose vehicle that had previously issued only receivables-backed commercial paper.

We have represented US and non-US corporations, as well as financial institutions, in single-seller and multi-seller asset-backed commercial paper programs and have remained active in all aspects of the creation and administration of such programs, including credit enhancement and liquidity support.  Today, we represent many of the largest US multi-seller CP conduits, including CAFCO, CIESCO Inc., CHARTA, CRC, APRECO Limited, and GOVCO with aggregate commercial paper programs in excess of $50 billion.  We also represent equity investments in PARCO.  Our London partners have represented numerous European CP conduits including Eureka, Tulip, and Rheinmain, as well as US and non-US originators on single and multi-jurisdictional deals.