CTL and Structured Debt Products

For clients seeking high leverage, credit-backed financing, we offer a unique suite of services including both senior and subordinate debt products and access to our firm’s balance sheet in order to enhance execution certainty at various levels of the capital stack.

For institutional investors

6

Consecutive years with a top 10 ranking in domestic private placements*

$16B+

In CTL and structured debt products transaction volume

60+

Fixed income professionals on our Institutional Sales and Trading team

Mesirow arranges financing for new VA clinic to be built in Puerto Rico

Puerto Rico VA clinic

$76MM construction-to-permanent loan transaction represents one of the largest Credit Tenant Lease transactions on the Island over past two years

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Our clients access...

differentiated, integrated capabilities from across Mesirow Capital Markets, in addition to potential access to the firm’s balance sheet. 

Analysis and execution

Headshot of Steven Jacobson
“Each of our transactions—regardless of size—is marketed via ‘Dutch-auction’ process designed to optimize market execution results for our clients.”

Stephen Jacobson, Head, CTL and Structured Debt Products

Solutions

    Credit tenant lease
    • Investment-grade
    • High yield
    Bifurcated ground lease notes
    Synthetic securities
    • Transaction "re-packs"
    • Rated and non-rated
    Equity structuring | Placement 
    Tax credit equity 
    Tax increment financing (TIF) 
    Tenant improvement and equipment lease
    Extended amortization | Residual notes
    • B Notes
      • Zero coupon
      • Partial coupon
    • A2 pari-passu securities
    • Mezzanine debt / equity
    • Rated and non-rated notes

    CAPABILITIES OVERVIEW

    Advisory Services
    • Trust and escrow services
    • DTC registration
    • Alternative structuring analysis
    • Project rates procurement
    • Construction finance services 
    Credit rates procurement
    Fund / HoldCo capital markets
    Insurance services
    • Project insurance
    • Credit insurance
    • Surety bond
    Transaction servicing

    CAPABILITIES OVERVIEW

    Corporate
    Healthcare
    Higher education (public and private)
    Not-for-profit
    Hospitality
    Governmental (Federal, State and Local)
    Public-private partnerships (P3)
    Retail 

    CAPABILITIES OVERVIEW

    Senior leaders

    Headshot of Stephen Jacobson

    Stephen D. Jacobson

    Senior Managing Director | CTL and Structured Debt Products

    Profile
    Headshot of Nathaniel Sager

    Nathaniel Sager

    Senior Managing Director, CTL and Structured Debt Products | President & Head of Strategy, Capital Markets

    Profile
    Headshot of Andrew Minkus

    Andrew H. Minkus

    Senior Managing Director | Credit Tenant Lease and Structured Debt Products

    Profile
    Headshot of David Fishler

    David Fishler

    Senior Vice President | CTL and Structured Debt Products

    Profile

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    Data as of 6.30.21. | *Private Placement Monitor League Tables 2015-2020.