‘Greeniums,’ ‘Griscounts’ and Other ESG Trends in the CMBS Market

Cadwalader associate Kate Foreman is joined by Blair Coulson, Senior Credit Officer, of Moody’s Investors Service and Daniel Vinson, Managing Director and Head of CMBS Structured Finance, of Barclays for a discussion on the present and future of CMBS from a rating agency and an issuer perspective.

For more information, visit Cadwalader.com.

Cadwalader partner Mark Howe and Phil Balzafiore, Head of Tax for Tetragon Financial Group, discuss interesting and cutting-edge issues about the tax aspects of this high-yield, and potentially high-risk, asset class, including:

• What is it and what do tax lawyers care about?
• Various forms of financing, including straight-up loans, partnerships, outright sales and pre-paid forwards
• Tax consequences and tax trade-offs for investors and law firm borrowers, as well as mitigation considerations

As you listen, view the companion slide deck summarizing the key themes of the conversation. (https://bit.ly/CWTTAX)

In this installment of Cadwalader's Finance Forum Focus Series, Financial Restructuring special counsel Kathryn Borgeson presents a podcast on three of the most important building blocks for a bankruptcy-remote borrower:

• Special Purpose Provisions
• Independent Directors
• The Bad Acts Guaranty

For more information, please visit cadwalader.com

Global Litigation partner Ellen Holloman presents a podcast on two of the most interesting lawsuits impacting the securitization industry today, relating to the National Collegiate Student Loan Trusts. These Delaware litigations, involving both the Consumer Financial Protection Bureau and private plaintiffs, have been very closely watched by the structured finance industry because the outcomes could upend decades of practice in the securitization industry and upset the long-settled expectation of participants. 

For more information, visit Cadwalader.com

In this installment of our Finance Forum Focus Series, Cadwalader partners Lary Stromfeld and Jeffrey Nagle discuss the latest LIBOR transition developments, including:

- The deadlines for the rest of 2021 (and beyond) and a discussion of the ramifications for Q4 2021;

- Various rates in the market; and

- Legislative solutions, including the statute enacted in New York and Federal legislation currently pending.

Visit Cadwalader.com for more information. This podcast originally aired in video format*

In this first installment of the Finance Forum Focus Series, Cadwalader special counsel Michael Ruder is joined by Alan Todd, Head of CMBS Strategy at BofA Securities. Michael and Alan discuss Environmental, Social and Governance factors as they relate to securitized products, with a focus on U.S. CMBS.

Key discussion points include:

• How big is the market for green CMBS?
• What might be the next innovative green or ESG deal structures to emerge in private label CMBS?
• ESG considerations for investors.
• The challenges of private-label green conduits.

Visit cadwalader.com to learn more.