Merrill Lynch Derivative Products AG

Structured Finance:Structured Credit

Summary

Merrill Lynch Derivative Products AG is a special purpose bankruptcy-remote entity that was created and structured to be a AAA-rated intermediary that allows Merrill Lynch & Co., Inc. (now a subsidiary of Bank of America) and its subsidiaries to service clients that require a highly rated swap counterparty, independent of the prospects of Merrill Lynch as a going concern.