Locke Lord’s premier, nationally recognized Public Finance Practice Group has again ranked among the leading public finance practices in the nation, ranking No. 4 on The Bond Buyer’s list of top bond counsel in the nation for competitive issues during H1 2024, with 72 issues totaling approximately $1.66 billion — the most issues of any firm in the Top 10. The Firm also secured some impressive regional top bond counsel rankings in The Bond Buyer’s Northeast Midyear Review, including: No. 1 in Massachusetts, Rhode Island and Vermont, No. 2 in the Northeast and No. 5 in New Hampshire. Just a few of Locke Lord’s many recent notable public finance matters include the representation of:
- City of Boston, Massachusetts, in its private placement of $250 million General Obligation Bonds, 2024 Series A
- City of Quincy, Massachusetts, in its approximately $10 million General Obligation Roadway and Sidewalk Bonds (Digital Debt Service Issue), the first in the nation municipal bond issue utilizing a proprietary blockchain-based depository platform
- State of New Hampshire in its $60 million General Obligation Capital Improvement Bonds, 2024 Series A
- State of Vermont in its $70.79 million General Obligation Bonds, 2024 Series A and its $36.86 million General Obligation Refunding Bonds, 2024 Series B
- Massachusetts Development Finance Agency in its approximately $797 million Revenue Bonds, Children’s Hospital Issue, Series T, Series U and Series V, 2024
- Commonwealth of Massachusetts in connection with its issuance of $1.045 billion General Obligation Bonds, Consolidated Loan of 2024, Series A and $837.3 million General Obligation Refunding Bonds, 2024 Series A
- Massachusetts Housing Finance Agency in its $124.8 million Massachusetts Housing Finance Agency Single Family Housing Revenue Bonds, Series 233, 234 and 235
- Pawtucket Redevelopment Authority in connection with the issuance of its $54.28 million Pawtucket Redevelopment Agency Designated Baseline Taxes Appropriation Revenue Bonds (Tidewater Landing Phase 1A Project), Series 2024 A
- North Texas Tollway Authority as Bond Counsel, Disclosure Counsel and Issuer’s Counsel for the North Texas Tollway Authority System Revenue Refunding Bonds, Series 2024, including a tender offer for outstanding taxable bonds
- Greater Texas Cultural Education Facilities Finance Corporation in its $120.7 million Revenue Bonds (Texas Biomedical Research Institute Project), Series 2024 A and Series 2024 B
Locke Lord’s Public Finance Practice Group has one of the largest bond counsel practices in the country. For more than 135 years, the Firm has been involved in the law of public borrowing and the federal tax and securities aspects of public debt obligations. The Firm’s public finance lawyers have extensive experience nationwide serving as bond counsel, disclosure counsel, underwriters’ counsel, issuer’s counsel, borrower’s counsel, bank counsel, special tax counsel and trustee’s counsel for governmental and quasi-governmental issuers, special purpose entities, tax-exempt organizations and other entities and financial institutions.