Dechert Advises Farmer Mac on Closing US$302.7 Million Securitization of Agricultural Mortgage-Backed Securities
Dechert advised Farmer Mac in completing a US$302.7 million securitization of agricultural mortgage loans. The deal was announced on October 14, 2021.
Farmer Mac is a vital part of the agricultural credit markets and was created to increase access to and reduce the cost of credit for the benefit of American agricultural and rural communities. As the nation’s secondary market for agricultural credit, Farmer Mac provides financial solutions to a broad spectrum of the agricultural community, including agricultural lenders, agribusinesses, and other institutions that can benefit from access to flexible, low-cost financing and risk management tools.
The Dechert team includes global finance partners Laura Swihart and Matthew Fischer, counsel Amber Hough, and associate Bill Lee.
Dechert is a leading global law firm with 22 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.