Introductory Principles of Arbitrage and Rebate

This panel will focus on intermediate and advanced concepts relating to arbitrage and rebate compliance. Topics will include long-term working capital; issue price; allocations; hedge bonds; the bidding of investment agreements; the termination of investment agreements; qualified guarantees; temporary period considerations; the impact of swap terminations on bond yield; yield reduction payments; and other current arbitrage issues, including any recent guidance from the federal government. Sessions will include a discussion of best practices for issuers and conduit borrowers with respect to arbitrage and rebate matters.

Other Speakers:

Gregory Ichel, The Arbitrage Group, Inc.
Perry Israel, Law Office of Perry Israel
William Milford, Bryant Miller Olive P.A.
Laurie Scott, Integrity Public Finance Consulting, LLC
John Stanley, Orrick, Herrington & Sutcliff LLP