For decades we have been a national leader in structuring public and private debt offerings for the energy industry. Our attorneys represent borrowers, including utilities, generating companies, electric cooperatives, energy project developers, independent system operators, oil drillers, and refineries. We also represent underwriters, public issuers, and purchasers in a range of taxable and tax-exempt public debt offerings.
Our attorneys have structured financings that combine public or privately issued taxable debt, bank debt, or leveraged leases with tax-exempt debt. Our attorneys advise on tax issues arising from tax-exempt debt, including arbitrage rebate calculations and advice on tax audits of debt issues.
We understand the disclosure issues facing publicly traded energy companies. Our experience includes initial and secondary public offerings, Rule 144A offerings, shelf offerings, high-yield debt offerings, and private placements. We build specialized financing structures, including synthetic leases, securitization of stranded assets, and royalty trusts.
Our team also represents a range of clients who make loans to the energy industry, including depository and financial institutions, hedge funds, and investment banks. We help secure financing at all stages of a project, from construction loans to operating credit facilities. We represent senior and subordinate creditors and mezzanine lenders, and we have experience in the intercreditor issues that arise in multi-tiered financings.