New Frontiers in Public Finance: A Return to
Direct Lending
October 3, 2012
Webinar
Slides
| Transcript
Direct lending, including private placements and direct loans, has returned as a popular municipal financing strategy. By definition, these transactions involve a bank negotiating directly with an issuer to privately purchase its municipal obligations or make a direct loan. While direct loans have increased access to credit for public agencies, concerns have been raised that these financings, are not subject to disclosure requirements. This webinar will explain why direct lending may present the most cost effective and risk appropriate form of financing for local agencies today. At the same time, it recognizes some of the important issues and developments surrounding this financing strategy, including disclosures and portfolio analysis.
Speakers
- Glenn Casterline, Managing Director, BLX Group
- Brian Forbath, Partner, Stradling Yocca Carlson and Rauth
- Jim Manire, Managing Director, BLX Group
- Alex Wallace, Managing Director and Head of Public Finance, U.S. Bancorp
Webinar Replay
Please contact CDIAC Education Unit at cdiaceducation@treasurer.ca.gov for the webinar replay.