Melissa Ferraro

Melissa’s representative matters include advising:

• A North American bank on its first intermediation of a synthetic risk transfer between a US regional bank and a Cayman-based investor, involving back-to-back credit default swaps on a portfolio of auto loans*
• A North American bank on the innovative intermediation of derivatives exposure transfer from a US bank to a syndicate of counterparties using credit default swaps and various insurance instruments*
• A global bank on a total return swap facility referencing mortgage loans*
• A hedge fund on a total return swap structure referencing a portfolio of non-US governmental legal claims*
• Citigroup Energy in negotiating a US$800 million physical crude oil, feedstock, and products inventory intermediation agreement to support working capital for conventional crude oil-based feedstocks and products*
• Multiple hedge providers on interest rate and foreign exchange hedging transactions under a defaulted secured loan facility transitioning to a debtor-in-possession (DIP) facility, including related derivatives and restructuring documentation*
• Equity funds on a synthetic risk transfer transaction involving unsecured credit-linked notes referencing a replenishable portfolio of secured and unsecured corporate credit facilities*

*Matter handled prior to joining Latham