Gardnyr Michael Capital's Swap Experience

GMC has served as financial advisor, swap advisor or swap participant in well over $4 billion of swaps in the state of Alabama. No other regional firm in the state of Alabama has come close to the number of swap issues or the notional amount of swaps completed as GMC. GMC has a broad depth of experience with all types of derivatives including swaps, swap options, forward starting swaps, floating rate swaps, fixed rate swaps, cancellation options, basis swaps, BMS swaps, percentage of Libor swaps , and forward bond options to name a few.


CM

Mobile County Public Schools (AL)

Constant Maturity Swap

121,550,000


CM

Mobile County Public Schools (AL)

Stepped Percentage Libor Swap

121,550,000


CM

Jefferson County, Alabama

Stepped Percentage Libor Swap

1,956,000,000


FA

Mobile County Public Schools (AL)

Stepped Percentage Libor Swap

121,550,000


CM

Jefferson County, Alabama

Sewer Revenue Capital Improvement Warrants, Series 2002-B

540,000,000


CM

City of Winter Park (FL)

Electric Revenue Bonds A&B

49,800,000


CM

Jefferson County, Alabama

Sewer Revenue Capital Improvement Warrants, Series 2002-D

475,000,000


FA

Mobile County Public Schools

Floating to Fixed Rate Percentage of Libor Swap

121,550,000


CM

Jefferson County, Alabama

Floating to Fixed Rate Swap

833,000,000


CM

State of Alabama

Floating to Fixed Rate Swap Option (conversion to % Libor)

710,000,000


CM

State of Alabama

Floating to Fixed Rate Swap Option (BMA)

710,000,000


SM

Daphne Utilities Board, AL

Floating Rate Water, Sewer and Gas Revenue Bonds, Series 2000

9,705,000


SM

Springhill Hosiptal

Fixed to Floating Rate Swap

28,695,000