A common restructuring technique for existing interest rate swaps is the amend or blend and extend, where the present value of an existing trade is rolled into the rate of a new deal. There can be a number of pitfalls to this strategy, and clients should be aware of all ramifications. Click to see our monthly piece from August that speaks to this structure below:
.
Cardea Partners – Interest Rate Swap Blend and Extend
.
Give us a call to discuss further if your firm is involved in a swap restructure.