Shap Smith

Managing Director, Global Markets, Citigroup

Shapleigh Smith (Shap) is the Global Head for Citi’s Asset Based and Transitional Finance group within Citi’s Banking, Capital Markets and Advisory organization (“BCMA”). BCMA provides world-class products and financing solutions for corporations, governments, and institutional and retail investors through its dominant underwriting, sales and trading, and distribution capabilities.

The Asset Based and Transitional Finance Group are responsible for originating, structuring and syndicating asset based loans and DIP and exit financings. The group also manages Citi’s large asset based loan portfolio. In 2019, Shap’s team has led asset based financings for Sears, Steward Healthcare, iHeart Communications, Houghton Mifflin Harcourt, Revlon and Tenet to name a few.

On the restructuring front, Citi has been the number one provider of DIP loans over the past eight years. Notable recent financings include Pacific, Gas & Electric, Windstream Holdings, Hexion, Vanguard Natural Resources and Weatherford International.