Milbank LLP has one of the world’s leading CLO practices. Since the inception of CLOs, Milbank has represented market-leading arrangers, collateral managers, issuers, risk retention lenders, anchor investors and derivatives counterparties on a multitude of credit arbitrage transactions involving a diverse array of asset classes. In Creditflux’s 2020 year-end Advisory Firm rankings, Milbank’s CLO practice was ranked as the #1 Global CLO Manager counsel for the fourth consecutive year and as the #1 US CLO Manager counsel for the third consecutive year, and the #2 CLO Manager counsel in Europe. In 2020 alone, our global CLO team advised on 95 CLOS with an aggregate issuance price of approximately US$36 billion. Milbank’s CLO practice and our attorneys continue to be a top-ranking firm in the areas of structured finance and securitizations (including CLOs) by Chambers Global, Chambers USA, Chambers UK, Legal500 and IFLR1000, with Jay Grushkin and Sean M. Solis highlighted on the Chambers and Partners Spotlight Table on CLOs. Sean Solis was also named Lexology’s exclusive winner of the 2019 Client Choice Award for Securitization & Structured Finance in New York. Our rankings reflect a unique combination of success in the CLO markets not only in both the United States and Europe, but also in the blend of our clients across the spectrum of both collateral managers and arrangers. The breadth of our client base gives us a unique perspective on the differing approaches of market players that enables us to make our documents state of the art, while maintaining efficiency and economy in our work product.