Our public finance attorneys currently serve as bond counsel to more than one hundred governmental entities throughout the state.  As a result, Parker McCay is listed as a nationally recognized bond counsel firm in The Bond Buyer’s Municipal Marketplace (the “Red Book”). The Bond Buyer also ranked us 4th Bond Counsel firm in the state of New Jersey for volume of transactions completed in 2018.  

Our proven record of success representing governmental entities as bond counsel spans more than 30 years. Transactions for such entities range from general obligation bond issues and lease-purchase transactions for local municipalities, counties and school districts, to revenue and redevelopment financings for local and county utility authorities and county improvement authorities. In addition, we have represented some of the nation’s largest investment banking firms and other financial institutions in New Jersey in transactions totaling up to two and a half billion dollars ($2,500,000,000). The principal amount of transactions in which we have served as bond counsel have ranged from less than one million dollars ($1,000,000) to in excess of one and a half billion dollars ($1,500,000,000).

Each of our public finance attorneys has been extensively involved in the practice of public finance for many years. In particular, the firm's activities in public finance and federal and state income taxation are extensive and include serving in the capacities of bond counsel, underwriter's counsel, special tax counsel, counsel to underlying borrowers and trustee's counsel in connection with financings for numerous state, local governments, authorities and agencies.

The firm has also participated in tax-exempt bond financings of both for-profit and non-profit healthcare facilities through the New Jersey Economic Development Authority, the New Jersey Health Care Facilities Financing Authority, county improvement authorities and conventional lenders.

Notable Matters

The firm earned The Bond Buyer’s National Healthcare Financing "Deal of the Year" award for 2013 for its representation, as bond counsel, to The Camden County Improvement Authority in connection with the largest higher education merger in U.S. history, which representation included the issuance of lease revenue refunding bonds on behalf of Rowan University. 

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