Building on a nearly 100-year firm history in public finance that includes the financing of such iconic projects as the Golden Gate Bridge and Carnegie Hall, Orrick’s public finance lawyers have handled thousands of public finance transactions, and consistently ranks as the top public finance firm in the United States.
Our clients include municipal issuers, non-profit corporations, Indian tribes, underwriters, private borrowers, credit providers, investment providers, swap/derivative product providers and others in both primary and secondary market transactions.
Unmatched Experience with Municipal Debt
Our experience encompasses every type of project or program financed with municipal debt, whether tax-exempt or taxable, for municipal or private borrowers. Examples include a broad range of infrastructure, cultural, sports, transportation, utility, housing, health care, education, and other projects.
Post-Issuance Compliance and Enforcement Issues
In conjunction with Orrick’s wholly owned subsidiary, BLX Group, we also are a leader in helping clients and other municipal market participants with post-issuance compliance and enforcement issues, including arbitrage rebate, continuing disclosure, investment placement and management, program administration, IRS audits, SEC investigations, defaults, bankruptcies, and other workouts.
The Bond Buyer Rankings and Awards
2014 Thomson Reuters Rankings
- No. 1 - Bond Counsel – 321 issues aggregating more than $30.5 billion dollars with a market share of 9.7%.
- No. 1 Disclosure Counsel – 107 transactions aggregating more than $12.2 billion dollars with a market share of 17.8%.
- No. 4 Underwriter's Counsel – 105 transactions aggregating more than $9.8 billion dollars with a market share of 3.1%.
The Bond Buyer’s Far West Deal of the Year 2015
Orrick served as Bond Counsel to the Regents of the University of California for a $2.3 billion refunding of tax-exempt bonds, as well as a new money issue to be used for system-wide capital projects. This transaction was the largest transaction ever in the higher education sector. Selected as The Bond Buyer’s Far West Deal of the Year 2015.
The Bond Buyer’s Southeast Deal of the Year 2015
Orrick represented KentuckyWired Operations Company, LLC, indirectly owned by Macquarie Infrastructure Developments, LLC, First Solutions LLC and Ledcor US Ventures Inc., as bond counsel in the approximately $300 million tax-exempt and taxable bond, availability payment financing of a high-speed, open-access, middle-mile fiber optic network with excess capacity with the Commonwealth of Kentucky. The project, which is expected to be completed in 2018, will add over 3,200 miles of fiber optic cable statewide. Selected as The Bond Buyer’s Southeast Deal of the Year 2015.