- Represented the administrative agent and lenders in a $2.2 billion syndicated delayed-draw term loan facility secured by 8,000+ geographically dispersed single-family rental properties secured by blanket mortgages.
- Representing an investment bank as structuring agent and placement agent in novel hybrid warehouse and securitization facilities under which revolving notes are issued to lenders and term and/or variable funding notes are issued to investors in 144A or 4(2) private placements, and which are secured by various consumer and esoteric assets.
- Represented the Department of the Treasury in the $19.7 billion multidraw term loan facility provided to General Motors Corporation under TARP, which was supported by warrants, additional promissory notes, and payment and performance guaranties by many of its domestic subsidiaries, and secured by first and junior liens on all available assets, including equity pledges of its domestic and foreign subsidiaries. This included the development of an automobile warranty guaranty program and the restructuring of GM Europe, the sale of Adam Opel GmbH, and the contemporaneous financing of the restructuring and sale by the federal and state governments of Germany.
- Represented the FDIC in its capacity as conservator for IndyMac Federal Bank FSB in matters relating to the sale of substantially all its assets, and structured the seller financing provided by the FDIC to the private equity purchaser consortium in the acquisition of the mortgage loan and RMBS portfolio.
- Represented the Department of Education and the Department of the Treasury in structuring and documenting participation and put programs for the purpose of providing much-needed liquidity to the student loan market for the 2008–2009 academic year.
- Represented four prominent banks as lead arrangers and lenders on a $2.5 billion syndicated repurchase facility in connection with the $60 billion global refinancing of a mortgage loan originator and servicer.
Partner,
- Phone: +1 212 210 9428
- Email: aimee.cummo@alston.com
The most active issuers, originators, fund managers, investors, and financial institutions seek Aimee’s counsel and guidance on capital markets and the regulatory environment. She helps large financial institutions and nonbank lenders in all asset classes navigate the structured finance market.