Will covered bonds finally become a reality in the U.S.? Will they become an answer to the hundreds of billions of dollars of CMBS slated to mature over the next few years? Will this European technology finally be adopted in our own country?
Adverse accounting and regulatory developments for CMBS has led many (like us) to suggest that covered bonds will become an important funding alternative. Over the past several months there has been a bill introduced in Congress for U.S. covered bonds, and even now, a number of foreign banks have accessed the U.S. market with oversubscribed covered bond issuances.
We will discuss:
This is a free event. You may attend in person or through dial in.
For any lawyers attending, New York and California CLE credit is pending.