|
The project finance market has grown to remarkable size in recent years.
According to the Securities Industry and Financial Markets Association (SIFMA),
there is at present in excess of $2.6 trillion in outstanding municipal debt,
comprising obligations of approximately 50,000 issuers.
In addition, more than $5.7 trillion of corporate debt and about $2.5 trillion in
asset-based debt is currently outstanding.
At Bricker & Eckler, our Project Finance Group has experience documenting and structuring financings in all these areas: municipal, corporate, and asset-backed securities.
Our attorneys regularly serve as counsel to investment
bankers and other participants in a variety of structured finance matters,
including public finance, corporate finance and project finance transactions,
as well as workouts, bankruptcies, litigation and tax advice for a wide variety
of investment banking and structured finance clients. We also provide advice
on issues such as structuring transactions, the current market landscape,
preparing for debt issuance, securitization and its alternatives, investor
concerns, legal requirements, tax issues and the role of various deal
participants.
The Project Finance Group has
strong working relationships with local and national investment bankers,
including underwriting and brokerage firms, finance companies, venture
capitalists, commercial banks and insurance companies. We
work closely with lenders and investment bankers to develop creative
financing alternatives, whether for a corporate or municipal bond issue,
starting a business, making an acquisition, developing real estate, acquiring capital
equipment or generating additional operating funds.
Other structures can also be utilized to finance public
infrastructure affiliated with new development. Tax increment financings
(TIFs) and similar vehicles are becoming more commonplace, as are more complex
structures, including cooperative arrangements among political subdivisions and
public-private partnerships. We have worked on many of the biggest projects in
the state, including the Polaris and Easton developments in Columbus and
University Square in Cleveland. Our expertise can also help smaller communities
and developers alike as they deal with these issues and structure their financing
arrangements.
Services Offered
Structured Finance
Public Finance
Corporate Finance
Asset-Based Lending
Securitization
Workouts/Bankruptcies
Litigation
Tax
|