- Category
- Defining Matters
- Date
- Nov. 09, 2023
- Title
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Kramer Levin Closes First of its Kind Solar Securitization With Indirect Guarantee by US Department of Energy
Kramer Levin represented the structuring agent and joint bookrunners in connection with a first of its kind asset backed securities transaction of solar loans which is supported by a first of a kind loan guarantee program with the United States Department of Energy. Based on the indirect guarantee by the U.S. Department of Energy, this was the first time solar loan backed securitization notes have achieved a AAA rating. The transaction closed on Nov. 8, 2023.
Related People
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Gilbert K.S. Liu
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- Partner
- Chair, Securitization and Structured Finance
- New York
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Daniel Michaelson
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- Partner
- New York
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Pamela M. Capps
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- Partner
- Chair, State and Local Tax; Co-Chair, Women's Initiative Committee
- New York
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Marissa J. Holob
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- Partner
- Chair, Executive Compensation and Employee Benefits
- New York
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Avram J. Cahn
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- Special Counsel
- New York
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William Cavanagh
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- Special Counsel
- New York
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Edward P. Chen
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- Associate
- New York
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Laura Perdomo Diaz
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- Associate
- New York
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Mariya Khvatskaya
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- Associate
- New York
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