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
- Carol McCoog Assumes NABL President-Elect Position
Carol McCoog has been elected President-elect of the National Association of Bond Lawyers (NABL).
- SEC Actions – Rule 15c2-12 Limited Offering Exemption
This Advisory examines how, for the first time, the SEC has brought charges against underwriters who fail to meet the legal requirements of the limited offering exemption provided by Rule 15c2-12 in connection with offerings of municipal securities.
- Municipal Market — Federal Securities Law Update (2022)
This Hawkins Advisory provides an update on the municipal securities market and related federal securities law regulation. In particular, this Advisory reviews (i) the current composition of the Securities and Exchange Commission (the “SEC”) and its regulatory priorities; (ii) the SEC’s proposed rules on climate change disclosure and other environmental, social, and governance (“ESG”) initiatives; (iii) developments in cybersecurity disclosure; and (iv) recent SEC enforcement actions in the municipal securities market.
- Hawkins Served as Counsel to Two Bond Buyer Deal of the Year Winning Transactions
Hawkins is proud to have served as special and lead outside counsel on two financings that were finalists for The Bond Buyer deal of the year award for 2021 and winners in their respective categories. This year’s deals reflect the substantial expertise of Hawkins’ transportation industry attorneys.