- Asset Securitization
- Asset-Backed Securities
- Banking and Financial Services
- Commercial Loans
- Commercial Paper and Bank-Financed Transactions
- Community Development and Charter School Finance
- Consumer Loans
- Corporate Debt Repackaging Securities
- Credit Card Receivables
- Derivative Transactions
- Equipment Finance Receivables
- Esoteric Assets and Emerging Asset Classes
- Motor Vehicle Loans, Leases, and Floorplan Receivables
- Oil and Gas and Utilities Receivables
- Portfolio Acquisitions and Principal Finance
- Student Loans and Education Finance
- Timeshare Receivables
- Trade Receivables
Georgetown University Law Center, J.D., 1994
- Executive Editor, Georgetown Journal of Legal Ethics
Hamilton College, B.A., summa cum laude, 1991
District of Columbia
District of Columbia Bar
Mark Riccardi is a partner in Chapman and Cutler’s Banking and Financial Services Department and Asset Securitization Department. He also serves as Office Leader of the firm's Washington, DC office.
Mark represents financial institutions, investors, and other market participants in securitizations, asset-backed finance, capital markets and debt financing transactions. He also advises clients on regulatory matters affecting public and private financings.
Mark regularly represents issuers and financial intermediaries in asset securitization transactions, including registered offering and private placements. His asset finance experience includes representing lenders and borrowers in secured credit facilities, warehouse lending and principal finance transactions, including structuring special purpose investment vehicles, asset-backed commercial paper conduit finance facilities and complex joint venture arrangements. Mark has also represented purchasers, servicers and lenders in connection with the acquisition, sale and financing of portfolios of financial assets, and represents sponsors of corporate bond repackaging programs.
Mark has experience financing many types of financial assets and other collateral, including FFELP and private student loans, trade receivables, automobile loans and leases, credit card receivables, unsecured consumer loans, PACE assessments, dealer floorplan loans, corporate debt, timeshare loans, and various types of esoteric assets.
Mark currently serves as a member of Chapman’s governing Policy Committee and its Strategic Planning Committee.
- Serves as issuer’s counsel to a private education loan securitization program sponsored by a bank, including structuring a $750 million asset-backed commercial paper facility and several on- and off-balance sheet term securitization transactions, which to date total over $2 billion.
- In 2014 and 2015, represented investment banks, as the lead initial purchasers, of two securitization transactions sponsored by a dealer floorplan finance company, totaling $866 million.
- Represented a marketplace lender in its first revolving secured credit facility to warehouse up to $100 million of consumer loans.
- Represented a student loan issuer in three student loan warehouse securitization transactions involving FFELP and private student loans, which in the aggregate provided over $10 billion of financing capacity.
- Represented a US branch of a Japanese bank, as lead arranger, and five other financial institutions in providing a $1.55 billion revolving facility to a finance company for its auto and vehicle dealer floorplan receivables.
- In 2013, represented the issuer and sponsor in issuing seven corporate debt repackaging transactions under Rule 144A. Each of the securities was structured to the needs of the investing qualified institutional buyers, and included zero coupon, interest only, and amortizing classes.
- Represented the lead bank and a syndicate of other financial institutions in a series of senior loans to community development financial institutions in Baltimore, Cleveland, Detroit and Newark to finance smaller, targeted investments in inner city communities, with the goal of creating healthy housing, schools, and food options, as well as employment training and transit access.
- Represented a program administrator in arranging for the direct purchase of $100 million of PACE assessments by institutional investors.