Hawkins Counsel to the 2018 Northeast Deal of the Year
The 17th Edition of The Bond Buyer Deal of the Year awards acknowledged the Triborough Bridge and Tunnel Authority with the northeast regional award. Hawkins served as special disclosure counsel to the Authority in connection with the remarketing of the variable rate 2001B bonds and a new money variable rate bond issue. The transactions utilized the Secured Overnight Financing Rate or SOFR index as a successor to the LIBOR index to determine periodic interest rates for the respective bonds. These transactions were the first municipal market transactions to pioneer the use of the SOFR index in the United States.
The Authority’s transaction marks the 20th Deal of the Year transaction that Hawkins has participated in the last 16 years. The Bond Buyer Deal of the Year awards are the most prestigious municipal finance recognition in the United States. The public finance transactions are rewarded for their innovation in dealing with the complexity of the current market place.
Also of Interest
- Hawkins Elects Alexis Harrington to Partner
Hawkins Delafield & Wood LLP is pleased to announce the election of Alexis Harrington to the partnership, effective January 1, 2019.
- Rule 15c2-12 Compliance Alert
This edition of the Hawkins Advisory is a compliance alert, supplementing the Hawkins Advisory regarding Rule 15c2-12 that is dated August 22, 2018.
- Hawkins Attorneys Featured at Bond Attorneys’ Workshop
Four Hawkins attorneys will serve on panels at the National Association of Bond Lawyers 43rd annual Bond Attorneys’ Workshop which will be held September 26-28, 2018 in Chicago.
- Rule 15c2-12 Amendments
This Hawkins Advisory analyzes the amendments to Rule 15c2-12 that were adopted by the SEC on August 20, 2018.