Hawkins Delafield & Wood LLP has significant expertise and experience in tax-exempt financings for primary and secondary schools. Our engagements have often involved providing our clients with analysis and advice with respect to fundraising pledges, project eligibility, financial covenants and bond structuring, thereby maximizing flexibility in the proposed plan of finance. Hawkins’s experience and expertise in tax-exempt health care finance is described under "Health Care Finance," and in higher education can be found under "Higher Education Finance."  Noteworthy engagements include: 

St. Paul’s School
Located in Concord, New Hampshire, St. Paul's is one of the preeminent preparatory schools in the nation. Founded in 1856, the school enjoys a national reputation for educational excellence and has cultivated a generous community of alumni and other supporters. St. Paul’s earned "natural triple-A" ratings from both Moody’s and Standard & Poor’s. (St. Paul's and two other Hawkins clients, Phillips Exeter Academy and The Hotchkiss School, represent three of the five "natural triple-A" preparatory schools in the United States.) Hawkins has served as Bond Counsel for each of St. Paul’s three series of tax-exempt bonds.  By accessing the bond market, St. Paul's was able to preserve its endowment for furtherance of its educational mission.

Lick-Wilmerding High School
The Firm served as Bond Counsel and disclosure counsel for Lick-Wilmerding High School.  This prominent San Francisco high school borrowed $20 million on a tax-exempt basis to finance a new technology and design center and other significant improvements to its campus.  Lick-Wilmerding received an "A-" credit rating, making it the first private K-12 school in California to have received an "A" category rating.

Menlo School
The Firm served as Bond Counsel and disclosure counsel for the Menlo School, an independent, co-educational, college preparatory day school serving grades 6-12 located in Atherton, California. Through a $15,000,000 issuance of variable rate bonds, Menlo School was able to finance the construction of new Upper School facilities, including academic buildings, administrative offices and a lecture hall.

Francis Parker School
The Firm served as Bond Counsel for the Francis Parker School on a private placement of subordinate fixed rate bonds. The bonds financed the construction and rehabilitation of certain educational facilities of the School in San Diego, California. The Firm was able to assist the School through a complex series of negotiations involving senior credit providers and senior and subordinate investors.