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Kramer Levin represented the structuring agent and joint active and passive bookrunners in connection with a $402 million securitization backed by a portfolio of commercial and industrial (C&I) solar assets. This was the first C&I securitization transaction ever completed. The securities were rated by Kroll Bond Rating Agency. The transaction closed on May 26, 2022.
Key contacts
Gilbert K.S. Liu
Managing Partner, Finance and Restructuring, US and Head of Securitization, US, New York
Laurence Pettit
Partner, New York
William Cavanagh
Partner, New York
Pamela M. Capps
Partner, Head of State and Local Tax, US, New York
Marissa J. Holob
Partner, Head of Executive Compensation and Employee Benefits, US, New York
Avram J. Cahn
Special Counsel, New York