Service

Public Finance

Miles & Stockbridge is home to one of the leading public finance practices in the entire mid-Atlantic region.

For more than 45 years, the firm has been included in The Bond Buyer's Municipal Marketplace as a firm whose opinions are generally accepted in the field of municipal finance. During that time, we have represented the state of Maryland, its various agencies, political subdivisions and municipalities, as well as handled bond transactions in Washington, D.C., Virginia, Delaware and Pennsylvania.

Our focus is closing the deal and solving problems with innovation and flexibility, while staying within complex applicable tax laws and state law restrictions. We skillfully structure and restructure transactions that enhance value for the borrower and reduce lender risk and taxes. One of our greatest strengths is coordinating multifaceted transactions within tight time-frames—concluding in an efficient, organized closing.

We craft transactions that make sense for current market conditions and for the individual needs of our clients. Our decades of public finance experience have shown us that advance preparation and effective communication with our clients are crucial to successfully closing transactions, especially the most challenging deals.

Recent Matters

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Assisted CCRC with Tax-Exempt Bond Refinancing

Represented a Maryland-based CCRC in a refinancing of existing tax-exempt bonds utilizing a bank-placed tax-exempt loan during a period in which the CCRC was divesting itself of two facilities. This...

Counsel on $240M Bond Financing Deal

Represented a specialized investment banking firm as underwriters' counsel in connection with nearly $240 million in tax-exempt and taxable bond financing for the development and expansion of three senior living communities....