On December 4, 2019, the 18th Edition of the Bond Buyer Deal of the Year awards recognized New York's Battery Park City Authority 2019 financings with the northeast regional Deal of the Year award. Hawkins served as bond counsel for the Authority in connection with its $673 million multi-series transaction. Some of the new money financing provides $222 million to protect the community from future climate-related damages with the creation of a continuous flood barrier and a deployable barrier creating new lines of flood protection. The other offering involved a refunding of more than $300 million, converting the previous floating-rate index to SIFMA.
The Hawkins team was led by Roger Bagley, with Partners T. Kam Wong, Kevin Murphy and Faust Bowerman.
This award transaction is the 21st Deal of the Year transaction for Hawkins. 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.