Awards & Recognitions

Locke Lord's Public Finance Team Ranked No. 1 in The Bond Buyer's Q1-Q3 2022 Top Bond Counsel for Competitive Sales and No. 8 Top Underwriter's Counsel

November 4, 2022

Locke Lord’s premier, nationally recognized Public Finance Practice Group was ranked No. 1 on The Bond Buyer’s list of top bond counsel in the nation for competitive sales during the first nine months of 2022, with 131 issues totaling $3.5 billion, the highest number of issues of any firm in the top 10. The team also ranked eighth in the nation on the Top Underwriter’s Counsel list, with 42 issues totaling $6.1 billion, including the representation of underwriters’ counsel to the syndicate of underwriters in the largest ESG bond pricing to date for the August 2022 issuance by ‎The Commonwealth of Massachusetts of its $2.7 billion Special Obligation Revenue Bonds 2022, ‎Series A and 2022 Series B social bonds.

Just a few of Locke Lord’s many recent notable bond counsel matters include:

  • Representing the Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority in its ‎issuance of $33 million bond anticipation notes
  • Representing the Town of Nantucket in its issuance of $6.16 million General Obligation ‎Municipal Purpose Loan of 2022 Bonds
  • Representing the Town of Tisbury in its issuance of $59.25 million General Obligation ‎Municipal Purpose Loan of 2022 Bonds

In addition to the competitive deals noted above, Locke Lord also recently served as bond counsel on the following notable negotiated deals:

  • Representing the Massachusetts Development Finance Agency Revenue Bonds in its issuance of $375.5 million Northeastern University Issue, Series 2022
  • Representing the New Hampshire Municipal Bond Bank in its issuance of $125.1 million Series C Bonds
  • Representing the University of Maine System in its issuance of $120.33 million Revenue Bonds, Series 2022

Locke Lord's Public Finance Practice Group has one of the largest bond counsel practices in the country. For more than 130 years, the Firm has been involved in the law of public borrowing and the federal tax and securities aspects of public debt obligations. The Firm’s public finance lawyers have extensive experience nationwide serving as bond counsel, disclosure counsel, underwriters’ counsel, issuer’s counsel, borrower’s counsel, bank counsel, special tax counsel and trustee’s counsel for governmental and quasi-governmental issuers, special purpose entities, tax-exempt organizations and other entities and financial institutions.