Airport and Port Financing

Attorneys in Orrick's Airport and Port Financing Group are based in California, New York, the Pacific Northwest, and Washington, D.C., and have unparalleled experience in a wide range of matters involving airport, port and marine terminal sector financings by state and local government entities.

Attorneys in Orrick's Airport and Port Financing Group have served as bond counsel, underwriters' counsel, disclosure counsel, credit enhancement counsel, swap counsel and other roles on a wide variety of airport and port-related financings, including:

• Public-private financings
• Enterprise revenue bonds
• PFC-supported and PFC stand-alone revenue bonds
• CFC-supported and CFC stand-alone revenue bonds
• Special facility bonds
• Lease revenue bonds
• Certificates of participation
• Tax-exempt and taxable commercial paper
• Variable rate financings of all types
• Fuel distribution system financings
• Synthetic advance refundings
• Swaps

Airport Finance

Orrick is one of a few bond counsel firms with a practice group devoted to airport financing. The purpose of each of our practice groups is to focus and enhance experience, efficiency, consistency, quality and responsiveness to clients. The group can field several teams of attorneys with broad experience in airport financing, familiarity with all of the financing options that may be considered, knowledge of the most recent developments in tax law, FAA regulations, risk disclosure and financing techniques, and sufficient resources to meet any financing schedule

Below is a partial listing of airports for which Orrick attorneys have served as bond counsel, underwriters’ counsel and/or disclosure counsel:

• Atlanta Hartsfield/Jackson International Airport
• Burbank-Glendale-Pasadena Airport (Bob Hope Airport)
• Burlington, Vermont Airport
• DuPage Airport
• Fresno Yosemite International Airport
• Guam International Airport
• JFK, Newark and LaGuardia International Airports
• John Wayne International Airport (Orange County, CA)
• Los Angeles International Airport
• Logan International Airport
• Memphis Airport
• Ronald Reagan, Washington National and Dulles International Airports
• Miami International Airport
• Oakland International Airport
• Portland International Airport
• Roanoke, Virginia Regional Airport
• Sacramento International Airport
• Saipan International Airport (Commonwealth of the Northern Mariana Islands)
• San Diego International Airport (Lindbergh Field)
• San Francisco International Airport
• San Jose International Airport (Norman Y. Mineta)
• Seattle-Tacoma International Airport
• St. Louis International Airport (Lambert Field)
• U.S. Virgin Islands Port Authority St. Thomas and St. Croix Airports

Port Finance

Below is a partial listing of ports or issuers for which Orrick attorneys have served as bond counsel, underwriters' counsel or disclosure counsel in connection with financings for the following port-related revenue bonds:

• Alameda Corridor Transportation Authority (Port of Los Angeles)
• California Maritime Infrastructure Authority
• Commonwealth Ports Authority of the Commonwealth of the Northern Mariana Islands (Ports of Saipan, Tinian and Rota)
• Hawaii Department of Transportation (Harbors Division)
• Intermodal Container Transfer Facility Authority (Ports of Long Beach and Los Angeles)
• Massachusetts Port Authority (Port of Boston)
• New Jersey Economic Development Authority (Port Authority of New York and New Jersey)
• Oxnard Harbor District
• Port Authority of New York and New Jersey
• Port of Los Angeles
• Port of Long Beach
• Port of Morrow
• Port of Oakland
• Port of Portland
• San Diego Unified Port District
• Port of San Francisco
• Port of Seattle
• Port of Tacoma
• Richmond Joint Powers Financing Authority (Port of Richmond)
• South Louisiana Port Commission

A number of transactions for these entities have involved public-private partnership financings, special facilities projects, stevedore projects, cruise terminals, container terminals, single-user wharfs, goods movement, intermodal projects and the like.