Hawkins served as bond counsel to the New York Hugh L. Carey Battery Park City Authority. This offering involved a refunding of more than $800 Million, using triple-A rated senior lien revenue bonds, and a swap of $400 million of auction-rate securities to a synthetic fixed rate. In addition, the financing provided $100 million for on-going projects such as a community center and new ballfields. This financing was particularly meaningful to the firm, as it contributed to revitalizing the New York City Downtown area after the September 11th attacks, a place where Hawkins has had its main office for over 150 years.
|Client||New York Hugh L. Carey Battery Park City Authority|
|Distinction||Creating and Preserving Low and Moderate Income Housing|
|Issuer||New York Hugh L. Carey Battery Park City Authority|
|Issue Size||$500 Million|