Pensford
Financial ServicesNorth Carolina, United States11-50 Employees
Pensford is a financial services firm that counsels borrowers in the derivatives market by applying bank-level expertise to negotiations with lenders. Since its founding in April 2009, it has helped execute more than $100 billion in derivative transactions, seeking terms that are reasonable and transparent for its clients. The firm keeps clients in control of the negotiation process, offering insight and recommendations while maintaining solid relationships with banks and avoiding steering business away from lenders. Its practice areas include structuring new swaps and modifications, interest rate cap auctions, negotiating ISDAs, terminating existing derivatives at par, MTM and FAS 133/157 guidance, rate locks on permanent financing, defeasance, and yield maintenance verification.