Our Capital Markets division structures financing and hedging solutions for clients through Public Finance, Derivatives, Foreign Exchange, and Loan Syndications.

 

We Answer The Call—Municipal And Public Projects

At Capital One® Commercial Banking, we use our extensive knowledge of the public and municipal markets to support our Middle Market, Commercial Real Estate, Not for Profit, and Government Banking Client's Tax Exempt and structured Tax Credit financing needs. Our team of experts has extensive business development and product experience, and we have deal teams headquartered in both New York City and New Orleans to provide quick responses to opportunities in our Commercial banking footprint. We're always on call, with the knowledge and expertise to help our clients accomplish great things.


Our focus is on providing you with a valued financing solution, structuring and coordinating funding, including a range of tax-exempt capital alternatives and tax-advantaged financing structures for both taxable and tax-free (not-for-profit) issuers.


Some examples of traditional municipal financing and other programs include:

  • Direct Purchase Tax Exempt Bond program

  • Federal New Market Tax Credits (for Qualified Active Low-Income Community Businesses that meet the required criteria) investing as Tax Credit Investor, CDE, and Leveraged Lender

  • Qualified School Construction Bonds Direct Purchase program


Capital One has the expertise to meet your needs and work on your behalf—whether it's ensuring you receive competitive interest rates and market pricing for bonds and other municipal issues, reducing your equity contribution required, or arranging longer-term financing with limited amortization.


We do it all, negotiating pricing, terms, and financing structure, helping limit exposure to capital market volatility, and, when needed, pursuing longer-term purchase commitments with longer maturities to reduce refinancing risk, better manage cash flow, and make it easier for you to streamline the resources required to manage your financing commitments.

 

Flex Your Options

Capital One® Commercial Banking offers a broad spectrum of interest rate and FX hedging tools designed to assist in the management of interest rate risk. That flexibility allows you to match your company's risk profile with the best debt solutions to maximize interest cost savings.

Our wide array of Interest Rate Derivative products include:

  • Swaps (floating-to-fixed, fixed-to-floating)

  • Options (Caps, Floors, Collars, and Swaptions)

  • Treasury Locks

  • Cross-Currency Swaps

Interest Rate Derivative products can help provide flexibility to match the interest rate profile of the transaction to your business' risk profile by:

  • Hedging different portions of loans with different strategies

  • Taking advantage of changing interest rate markets to adjust the hedge profile

  • Moving a hedge from one loan to another loan with similar terms

  • Realizing a gain from rising interest rates in a restructure repayment

Normal credit qualifications apply. Not a deposit. Not FDIC insured. Not Insured by Any Federal Government Agency. Not bank guaranteed. May lose value.

 

Business Beyond Borders

We understand that your business needs extend to other
countries—80%-95% of all U.S. businesses buy supplies from overseas and/or have sales overseas. In the current global economy, businesses increasingly face challenges in both import and export opportunities and seek a "one stop" banking partner that can service their needs.

Capital One® offers a comprehensive array of foreign exchange ("FX") products and services to support your international business activities. We guarantee conversion rates, which means clients with ongoing transactions that require dealing in local/foreign currency can lock in rates today for future payments and collections, enabling them to better manage exchange rate volatility and mitigate their company's exposure to changing foreign currency exchange rates.

Our services include:

  • Spot FX / International Outgoing and Incoming Wires

    • Obtain competitive conversion rates on euro, Canadian dollar, Great British pound, Swiss franc, Japanese yen and Australian dollar. Foreign funds are converted and credited to your USD account by next day. Furthermore, Capital One® has access to all tradable currencies on behalf of our clients.

  • Forwards

    • Provide protection against currency volatility.

    • Lock in a specific rate for any time in the future.

  • Non Deliverable Forwards (NDFs)

    • A popular instrument for corporations seeking to hedge exposure to foreign currencies that are not internationally traded, such that clients can hedge their exposures in Brazil, China, India, Russia, and other "restricted" currencies.

  • Options

    • Buy the right, but not the obligation, to buy or sell currency at a specified exchange rate at a specified time in the future.

Normal credit qualifications apply. Not a deposit. Not FDIC insured. Not Insured by Any Federal Government Agency. Not bank guaranteed. May lose value.

 

Extend Your Reach

Capital One® can arrange, as an administrative agent, syndicated loan transactions for companies requiring a credit structure that is outside of the limits of an individual bank. With a close understanding of your business, we will quickly and efficiently structure a market-clearing transaction with deal execution seamlessly completed through our network of regional bank contacts. This can be advantageous to borrowers for several reasons:

  • Practical, efficient means of accessing large pools of committed credit

  • Reduces the time-consuming and administratively burdensome process of negotiating multiple credit agreements, and it improves borrower control over financing activities

  • Only a single request to draw down funds and any changes to the credit agreement only need to be executed once


We can devise a successful syndication strategy (including credit structure, terms, and pricing), regardless of the amount and transaction complexity, to help you streamline and simplify your access to capital.

We facilitate many types of credit facilities, including:

  • Revolvers

  • Term Loans—Secured and Unsecured

  • Letters of Credit

  • Construction Loans

These credit facilities can provide funding for general corporate purposes, including working capital, capital expenditures, acquisitions, and recapitalizations.

Capital One® will also manage the bank syndicate in an ongoing administration role throughout the life of the facility, including:

  • Coordinating the borrowing process

  • Calculating and billing for fees and interest

  • Distributing payments and quarterly financials to the syndicate

  • Leading negotiations and execution of amendments and waivers with borrowers and the bank syndicate

 
To learn more, please visit our Capital One Securities site.

Securities products and services are offered through Capital One Securities, Inc, a non-bank affiliate of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation and a member FINRA/SIPC. The products and services offered or recommended are: Not insured by the FDIC; Not bank guaranteed; Not a deposit or obligation of Capital One; May lose value. ©2014 Capital One. Capital One is a federally-registered service mark. All rights reserved.

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