Swaps & Other Derivatives

Innovative Applications for Sophisticated Financing Techniques

Our attorneys have vast experience with interest rate swaps and other derivative products. We are adept at understanding how to shape a transaction and related documentation to meet your objectives, and how to maximize flexibility for swap transactions.

Awards

Chambers USA

The Massachusetts Public Finance Practice is recognized in Band 1.

U.S. News and Best Lawyers®

Public Finance practice ranked Tier 1 nationally and in Boston.

Our Experience

Genesis of Swaps

Experience representing governmental clients in connection with interest rate swaps dates back to the early 1990s, the genesis of swaps in the municipal market.

Mintz Advises MassHousing on $100M Revolving Note to Support Affordable Housing

In July 2024, Mintz closed a revolving note purchase agreement for MassHousing that allows the agency to borrow up to $100 million in private activity bonds, providing funds to be lent to developers creating low-income housing in the Bay State.

Go-To Practice

For high-yield, tax-exempt securities, in both new money and workout transactions.

Our Approach

Our practice has a sophisticated understanding of derivative financing structures and techniques. We consider the interplay between swaps and bond covenants.

Full Coverage

In addition to serving debt issuers and obligors in connection with the use interest rate swaps and other derivatives to hedge risks or improve financial outcomes, we have drafted statutes authorizing the use of swaps and other hedges by governmental entities and helped many clients develop swap policies.

Our attorneys advise on frequent changes in regulatory requirements affecting market participants, including certifications required by swap dealers and ISDA form changes and choices. We assist clients in terminating or novating swaps. We have also served as counsel to public and private entities in connection with the use of high-volume commodity swaps to hedge fuel costs.

Areas of Focus

Caps
Forwards
Fuel hedges
Options

Interest Rate Swaps

Basis swaps
Fixed to floating
Floating to fixed
Total return swaps

What Our Clients Are Saying

"They have keen and quick insight into complex legal, financing and related topics, providing prompt and insightful opinions where needed.”

Chambers

“They are very thoughtful and they understand the business aspects of our deals. Not a lot of law firms get this.”

Client, Director, Private Equity Firm

“An unparalleled depth and breadth of knowledge in this area.”

Client, SVP, Financial Services Company

Meet Mintz

Our attorneys know the ins and outs of complex financial products. We'll collaborate with you to assess the risks and advantages of a swap or derivative transaction.