Is your client...

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  • a governmental entity or §501(c)(3) corporation?

    Are they considering a capital project?

    Have they hired an architect, engineer or financial advisor?

    What are their capital financing needs?

    Are they experiencing financial difficulties?

  • a developer, contractor or manufacturer?

    Are they considering a capital project?

    Does that project involve “teaming” with local government for economic development or another public purpose?

    Does that project involve housing, transportation, waste disposal, power generation or manufacturing?

    What are their capital financing needs?

  • a financial institution or investment bank?

    Do they lend in the tax-exempt market?

    Do they know that we are one of the nation’s largest public finance practice groups?

As an attorney...

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  • are you involved in developments in your town, township, village, school district or county?

    Do you sit on a governmental or non-profit board?  

    Do you have friends or acquaintances who sit on governmental or non-profit boards?

    Are any of those local governments considering capital projects?

    Do you know if your local governmental board or district has hired an engineer, an architect or a financial advisor?

    What are their capital financing needs?

PBF-At-a-Glance
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44 Attorneys

  • Representative Clients

    American Municipal Power, Inc.

    Archdiocesan Housing, Inc.

    Charleston Area Medical Center, Inc.

    City of Chicago

    City of Cincinnati

    City and County of Denver

    Colorado Health Facilities Authority

    Columbus City Schools

    Fifth Third Bank

    Franklin County Convention  Facilities Authority

     Illinois Finance Authority

    Kentucky Housing Corporation

    Lexington-Fayette Urban County Government

    Northern Kentucky Water District

    Pennsylvania’s State Public School Building Authority

    Pittsburgh Water and Sewer Authority

    Public Financial Management Inc.

    RBC Capital Markets

    State of Ohio

    U.S. Bank National Association

    Wells Fargo Securities, LLC

    Ziegler Securities

  • What We Do

    Bond Counsel

    Conduit Financing

    Document Preparation

    Economic Development

    Federal Tax & Arbitrage Compliance

    Infrastructure Financing

    Municipal Governments and Authorities

    Non-Profit Health Care and Higher Education Financings

    Pre-transaction Planning

    Public Education Projects

    Securities Disclosure

    Single and Multifamily Housing

    Tax Credits

    Tax Counsel

    Traditional Governmental Finance

  • Creating Value

    A Nationwide Reputation

    Nationally-recognized, Red Book listed, Municipal Bond Counsel Financed projects in all 50 states

    Ranked 16th nationally for Bond Counsel handling 200+ issues totaling $4 billion

    Ranked 15th nationally for Underwriter’s Counsel handling 70+ issues totaling $3 billion

    Ranked 1st in Kentucky for Bond Counsel handling 50+ issues totaling $1.5 billion

    Ranked 1st in Pennsylvania for Bond Counsel by number of issues handling 81+ issues totaling $.888 billion

    Ranked 2nd in Ohio for Bond Counsel handling nearly 120 issues totaling $2 billion

    Our Work is Visible

    • Capital projects include traditional public infrastructure (schools, utility systems, municipal buildings and airports)
    • Non-profit facilities including hospitals, nursing homes, college and university classrooms and dormitories
    • Urban redevelopment and economic development enterprises including residential/office complexes, industrial and waste disposal/recovery facilities and professional sports venues

Experience Highlights
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  • J.P. Morgan Securities: Marketing Agent’s Counsel

    We represent J.P. Morgan Securities and Loop Capital Markets in connection with $190 million of general obligation bonds of several series originally issued by the City of Chicago in 2003. The City is utilizing provisions of the bonds to convert the interest rate on the bonds from a daily to a weekly rate and substitute a bank direct pay letter of credit for a bank standby bond purchase agreement as credit/liquidity enhancement for the bonds. This triggers a mandatory tender of the bonds by the current bondholders, and the remarketing agents will remarket the bonds to new investors.

  • University of Kentucky: $239 Million Bond Issue for Capital Improvements

    We served as bond counsel in the issuance of $239 million worth of bonds for improvements to Commonwealth Stadium, the renovation of the Gatton College of Business and Economics and the construction of a new Academic Sciences Building.  The transaction marked the first sale of bonds completed by the firm since the Dinsmore merger with Peck Shaffer. It is also the largest single bond issue the University has done to date.

  • Pennsylvania: Qualified School Construction Bonds

    When the Commonwealth of Pennsylvania decided to utilize certain financing options under the American Recovery and Reinvestment Act by issuing (direct payment) Qualified School Construction Bonds in order to assist certain less wealthy, or fast-growing, school districts within the state, we were called upon to serve as local bond counsel to approximately one-sixth of the pool of participating school districts.

  • Underwriters’ Counsel: $883.4 Million General Obligation Bonds (Chicago, IL)

    We served as underwriters’ counsel in representing a syndicate of thirteen underwriters in connection with the offering and sale of $883.4 million of general obligation bonds issued by the City of Chicago. Wells Fargo Securities was senior manager of the syndicate.  The bond proceeds will be used by the City for general public improvements and to refund prior City bond issues.  In our capacity as underwriters’ counsel, we assisted the underwriting syndicate in fulfilling certain responsibilities to its investors under the federal securities laws and various other aspects of the financing, including participating in the preparation, review and negotiation of preliminary and final bond offering documents, sale documents and continuing disclosure documents, preparation of state blue sky surveys and assisting the underwriters in closing the transaction.

     

  • Charleston Area Medical Center, Inc.: Tax-exempt Revenue Bonds

    We counseled Charleston Area Medical Center, Inc., CAMC Foundation and their affiliates in connection with the public offering of tax-exempt revenue bonds, to finance the cost of refunding a debt that was previously incurred and paying a portion of a termination payment related to a hedge agreement entered into in connection with the issuance of such previously incurred indebtedness.

Attorney Roster
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DINSMORE & SHOHL LLP | LEGAL COUNSEL

 

FOR INTERNAL USE ONLY. Nothing in this presentation should be construed or is intended to be legal advice.  All images, videos, copyrights, and trademarks used in the presentation are property of their respective owners.  Copyright 2017. All rights reserved.