A&O Shearman Assists Major Private Credit Manager in €4.8 Billion Synthetic SRT Transactions for European Infrastructure Projects
"A&O Shearman has assisted a major private credit manager in investing approximately €4.8 billion in two significant risk transfer synthetic securitization transactions related to project and infrastructure financing portfolios. The underlying exposures involve projects across several European countries, including Italy, Luxembourg, Germany, and Spain. The asset manager's funds mitigated credit risk by subscribing to junior tranche shares. The A&O Shearman team was led by partners Pietro Bellone and Parya Badie, with support from several senior associates and additional legal counsel on U.S. law and tax matters."