Jun 25, 2019
Cadwalader advised Nearwater Capital on a novel commercial-paper conduit. Called Columbia Funding, the conduit will start selling securities with P-1/A-1 ratings from Moody’s and S&P in July.
Nearwater Capital is a specialty finance company that is focused on providing asset-based financing solutions. The NY-based firm’s business is segmented into two core business lines: risk retention solutions and liquid markets.
The Cadwalader team included Financial Services Group co-chairs Richard Schetman and Scott Cammarn and Financial Services partner Jed Miller, special counsel Nihal Patel and Michael Sholem, and associates James McDonnell and Danielle Wheeler; Capital Markets special counsel Assia Damianova; and Tax partner Jason Schwartz.
Linda Swartz, Jason Schwartz, Mark Howe, Adam Blakemore, Gary Silverstein
Joel Mitnick, Monica Martin, Douglas Gansler
Jason Halper, Nathan Bull, Jared Stanisci, Sara Bussiere, Audrey Curtis