will speak on a panel during the National Association of Bond Lawyers (NABL) 2021 Workshop on October 13-15, 2021 held in Chicago and virtually.
Adam will speak on the “Arbitrage and Rebate: Can I Earn It? Can I Keep It?” panel on Thursday, October 14 from 9:00 AM – 10:15 AM CT. This session will address arbitrage and rebate concepts commonly encountered in structuring transactions and maintaining post-issuance compliance, with a particular focus on pandemic related structuring, replacement proceeds, arbitrage elections and issues arising in structuring combined taxable/tax-exempt financings. Hypotheticals and discussions will center on working capital financings (and specifically the impact of the American Rescue Plan), replacement proceeds issues, yield computation and yield restriction and election considerations. The session will assume that the audience has a general understanding of arbitrage and rebate principles, but topics will nevertheless be selected for broad appeal, focusing on common issues practitioners have faced in recent years.
For more information on the conference and the topics that will be covered, please click here