Kramer Levin acted as counsel to the sole structuring agent and sole bookrunner on a securitization of residential PACE bonds. The total transaction size was $157,864,000 and involved the issuance of three classes of notes. The transaction was rated by DBRS Morningstar and closed on April 1, 2021.

Key contacts

Barry Herzog photo

Barry Herzog

Partner, Head of Tax, US, New York

Marissa J. Holob photo

Marissa J. Holob

Partner, Head of Executive Compensation and Employee Benefits, US, New York

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New York Silicon Valley Washington, DC Securitization and structured finance Laurence Pettit Barry Herzog Marissa J. Holob Daniel Michaelson