ARTICLE
1 March 2023

Goodwin Article On NAV Financings And Preferred Equity

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
With increasing demand for liquidity solutions, Goodwin has published a resource on reasons why fund managers are turning towards NAV financing and preferred equity tools.
United States Finance and Banking

With increasing demand for liquidity solutions, Goodwin has published a resource on reasons why fund managers are turning towards NAV financing and preferred equity tools. The resource offers a high-level summary on strategies, including the offensive and the defensive, as well as key considerations relating to the highly bespoke structures such as availability, pricing and LTV covenants/borrowing base. To read more, click here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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