Practice Leader(s)
Related Practices

Securitization

Steptoe has extensive experience representing credit providers and other participants in various aspects of structured financings and asset securitizations in both public offerings and private placements.

Our firm's structured finance practice is closely related to the more traditional forms of commercial finance. 

Steptoe represents clients in public offerings and private placements of securities representing interests in pools of receivables and other financial assets.

Steptoe is experienced in negotiating and documenting the credit enhancement arrangements for securitized transactions, including the following:

  • Credit support provided by letters of credit
  • Financial guarantee insurance and surety bonds 
  • Cash collateral 
  • Senior/subordinated class structures