Milbank LLP has been ranked as the #1 Issuer counsel for US CLOs by Asset-Backed Alert in its 2019 league table rankings. Milbank has also been ranked as the #8 CLO Underwriter counsel for US CLOs by the publication. Their rankings show that Milbank’s US CLO team worked on more than $34 billion of US CLO issuances in 2019 (69 CLOs, excluding refinancings). This follows Milbank being named by Creditflux as the #1 CLO Manager counsel globally for 2018 and 2017. As a further example of our client service, partner Sean M. Solis was also named as Lexology’s exclusive winner of the 2019 Client Choice Award for Securitization & Structured Finance in New York.
Milbank has one of the world’s leading CLO practices, led by Structured Finance partners Jay Grushkin and Mr. Solis in New York, Deborah Festa in Los Angeles, and John Goldfinch and James Warbey in London, along with special counsel Jon Burke in New York. Positioned at the forefront of CLOs since the late 1980s, Milbank’s global CLO team continues to be one of the world’s largest teams of CLO attorneys across the United States and Europe. The firm has represented market-leading issuers, underwriters, collateral managers, arrangers, risk retention lenders, anchor investors and derivatives counterparties on a multitude of structured finance transactions involving a diverse array of asset classes, including broadly syndicated loans, middle market loans, real estate loans, aircraft finance loans, infrastructure loans, sovereign loans, private fund investments and consumer loans.
Our practice reflects a unique combination of success in both the US and European CLO markets. The breadth of our client base gives us a unique perspective on the differing approaches of market players that enables us to make our documents state of the art, while maintaining efficiency and economy in our work product.
Mr. Grushkin said: “We are pleased to have Milbank’s US CLO team recognized in 2019 for another extraordinary year. The recent Asset-Backed Alert rankings reflect our team’s commitment to providing the best client service for participants in the CLO market.”
