Sidley’s Global Finance group has been at the forefront of the creation of many structured finance products throughout the years, and after decades at the forefront of the industry, we remain a trusted partner to large financial institutions, private equity firms, insurance companies, hedge funds, and investors looking for assistance with the industry’s most complicated and sophisticated transactions.

Our team works on matters across the spectrum of structured finance transactions, term asset-backed and mortgage-backed securitizations, collateralized loan obligations (CLOs), conduit transactions and synthetic securitizations. With lawyers in the U.S., Europe, and Asia Pacific, we are active around the world and across many jurisdictions.

Sidley is a market leader in the structuring, restructuring, establishment, maintenance, refinancing and resetting of CLOs, as well as advising on the investment in, and disposition and management of, these vehicles. Our experience includes arbitrage and balance sheet CLO transactions involving leveraged and broadly syndicated corporate loans, middle market loans, commercial real estate loans, emerging market non-sovereign loans, corporate bonds, infrastructure bonds, structured vehicles with both cash flow and market value structures and ABS and trust preferred securities.

We are also a recognized leader in commercial real estate (CRE) mortgage finance and securitization. Our lawyers regularly work on complex structured finance, CMBS and other securitizations, real estate, structured debt, and equity fund matters across the world’s major financial markets. We represent leading sponsors and arrangers in CRE CLO 2.0 innovations, establishing ground-breaking transactions and creative solutions to meet deal-specific needs.

Some of our recent CRE CLO 2.0 successes include:

• The largest CRE CLO 2.0 sponsor program
• The single largest CRE CLO transaction since the 2008 financial crisis
• The longest sponsor reinvestment period to date in the CRE CLO 2.0 market
• The first-time inclusions of healthcare loans and first-ever 100% healthcare CRE CLO
• The first-ever CRE CLO of 100% fixed rate loans
• Innovative loan modification structures
• An innovative first-time ARRC benchmark replacement procedure
• Innovative sponsor structures accommodating future recapitalizations, risk retention and other regulatory considerations