Derivatives and Swaps

Derivatives & SwapsPRAG has assisted with more than $28 billion of municipal derivative products since 1993.  Our professionals specialized in swaps and derivatives are unmatched in evaluating, negotiating, executing and terminating derivative transactions.  Our swaps and derivatives engagements include:  Denver School Facilities Leasing Corporation, Empire State Development Corporation (NY), New York State Local Government Assistance Corporation (LGAC) and the City of Phoenix.

PRAG has the technical experience and unmatched knowledge of swap markets and products to advise on derivatives, including evaluating structures, pricing, documentation, implementation and ongoing monitoring and disclosure.  We have established a special practice group dedicated to swaps and other structured products, which is headed by Steven Peyser, President of PRAG.  We consistently evaluate swaps in comparison to other competing financial tools in light of current market conditions, credit and capacity constraints, relative risks, relative flexibility, and the additional elements of complexity that are present in swap-based transactions.