Derivative Advisory Firm Opens in Cleveland

April 21, 2010 - PRLog -- Cardea Partners has opened its Cleveland office to help companies and other organizations manage the use of over-the-counter derivatives.  Contracts such as interest rate swaps and caps are commonly used by corporations, not-for-profits, real estate firms, and municipalities to protect against interest rate exposure on their debt facilities.  While exceedingly useful in nature, the structure and pricing of derivatives contracts is complex and lacks transparency.  Using Cardea Partners to advise or implement a hedging strategy allows client organizations to feel secure and informed in their decisions.  Cardea Partners has offices in Cleveland, San Francisco, and Miami to meet the needs of clients across the United States as they deal with the complexities of the modern financial world.  

By providing expert derivative advisory services, Cardea Partners brings transparency to the process of interest rate risk management and borrowing, saving time and money for its partner organizations.  The firm has experience in swap advising, cap pricing, documentation review and analysis, and provide a host of solutions to execute, manage, report, and terminate over-the-counter derivatives for our clients.  Whether swapping a bond issuance or using an interest rate cap to hedge a LIBOR-based construction facility, an advisor can ensure that costs are low and that all the details of the instrument are in sync with the financing to provide the expected hedge.  

The review of loan documentation can seem like a daunting process.  For debt decisions, Cardea Partners leverages loan structing knowledge for the benefit of its clients to produce proven cost savings.  Whether you are negotiating a collateral substitution or finalizing documentation on new or existing financing, expert advice on deal structuring is often the difference between your organization being nimble in the future or captive to a bank facility.  Careful analysis of the loan structuring can identify any instances of opaque lender revenue provisions or favourable terms for them.  These provisions are often negotiable.  Deciding between lenders is never as simple as just comparing loan spreads, and Cardea can help with the cost/benefit analysis.

Cardea Partners' Cleveland principals Ryan Kozak and Christopher Hunt, both products of Kent State University's Financial Engineering program, are pleased to open the business office in their home town with the opportunity to provide services to businesses and organizations in the local community.  Further information about the firm's services can be found at www.cardeapartners.com.

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About Cardea Partners

Cardea Partners is a derivatives and debt advisory firm serving the unique needs of corporate, real estate, Native American, not-for-profit, and municipal entities. With offices in Cleveland, San Francisco, and Miami, our firm is comprised of highly experienced derivatives professionals, sharing a combined 45 years of industry action, having executed over $1 trillion notional in derivative contracts. Our time spent on the trading floors of major financial institutions allows Cardea to stand beside our clients with comprehensive insight into their banking relationships and the suite of products available to manage exposure and limit expenses. Cardea Partners provides services covering all aspects of derivative advising, including interest rate swap and cap pricing, valuation and reporting, strategy and analysis, and documentation, while also assisting with debt analysis. Working with Cardea provides clients with an insider on all derivative transactions.