Capital Markets: Structured Products - USA
What the team is known for
Cleary Gottlieb Steen & Hamilton ably handles structured products transactions, including assisting with the offering of notes with underlying linked assets. The practice is regularly called upon to assist financial institutions, owing to its impressive regulatory capabilities. For structured offerings linked to derivatives, the firm leverages a formidable US derivatives team.
Strengths
"The group contains very strong lawyers and excels at handling complex matters."
"Cleary's team stands out for its ability to work through challenging situations and its thoughtfulness when it comes to solving problems."
"The partners and counsel at Cleary are very strong."
Work highlights
Cleary assisted to Owl Rock Core Income Corp, as services provider, seller, and risk retention provider, and Core Income Funding II LLC, as borrower, in a USD500 million asset-backed credit facility.
Notable practitioners
Michael Mazzuchi has a recognized structured notes practice, structuring transactions involving a broad range of linked underlying assets. He is particularly recommended by interviewees for his regulatory practice, which includes advising on the application of the Volcker Rule. "He's a stellar lawyer who is a pleasure to work with." "Michael is a very smart and commercial attorney."
