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Kramer Levin acted as issuer’s and sponsor’s counsel in connection with a capital markets securitization of residential PACE bonds. The total transaction size was up to $500,000,000 and involved the issuance of two classes of notes, issuable in series. The first series offering was $54,399,000 and closed on March 13, 2020.
Key contacts
Barry Herzog
Partner, Head of Tax, US, New York
Marissa J. Holob
Partner, Head of Executive Compensation and Employee Benefits, US, New York
Laurence Pettit
Partner, New York
Daniel Michaelson
Partner, New York