RECENT TRANSACTIONS

      2020 BOND TRANSACTIONS     

 

CITY OF MEMPHIS, TENNESSEE • $35,830,000


The City of Memphis, Tennessee Storm Water System Revenue Bonds, Series 2019 (the “Bonds”). The proceeds of the Bonds will be used for (i) financing improvements, additions and extensions to the Storm Water System of the City, consisting of Storm Water facilities, a Storm Water drainage system and a flood protection system, (ii) funding a reserve fund for the Bonds and (iii) paying the costs of issuance of the Bonds. The Firm served as Sole Counsel to the syndicate of Underwriters’ on the transaction which closed on November 13, 2019.




THE HEALTH, EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMPHIS, TENNESSEE • $15,450,000


The Heath, Educational and Housing Facility Board of the City of Memphis, Tennessee Collateralized Multifamily Housing Bonds, (Burkle & Main Apartments Project) Series 2019 (the “Bonds”). The proceeds of the Bonds will be used to finance a loan to the Borrower, to enable the Borrower to pay a portion of the cost of acquiring, construction and equipping of a 126-unit multifamily residential rental facility located in Memphis, Shelby County, Tennessee. The Firm served as Counsel to the Issuer of the Bonds on the transaction which closed on November 7, 2019.




SHELBY COUNTY, TENNESSEE • $150,000,000


Shelby County Tennessee General Obligation Bond Anticipation Note, Series 2019 (the "Note"). The Note is being issued (i) to provide moneys to finance certain capital projects of Shelby County, including schools, or for any other lawful purpose, and (ii) to pay the costs of issuance and sale of the Note. The Firm served as Co-Bond Counsel to the County on the transaction which closed on October 3, 2019.




THE MEMPHIS AND SHELBY COUNTY SPORTS AUTHORITY INC. • $67,770,000


The Memphis and Shelby County Sports Authority Inc. Revenue Refunding Bonds (Memphis Arena Project), 2019 Series B (the “Bonds”). The proceeds of the Bonds will be used to currently refund all or a portion of the Authority’s outstanding Revenue Refunding Bonds, 2009 Series B in order to achieve certain debt service savings for the Authority. The Firm served as Disclosure Counsel to the Authority on the transaction which closed on August 5, 2019.




THE MEMPHIS AND SHELBY COUNTY SPORTS AUTHORITY INC. • $65,700,000


The Memphis and Shelby County Sports Authority Inc. Revenue Refunding Bonds (Memphis Arena Project), 2019 Series A (the “Bonds”). The proceeds of the Bonds will be used to currently refund all or a portion of the Authority’s outstanding Revenue Refunding Bonds, 2009 Series A (Memphis Arena Project) in order to achieve certain debt service savings for the Authority. The Firm served as Disclosure Counsel to the Authority on the transaction which closed on August 5, 2019.




SHELBY COUNTY, TENNESSEE • $74,555,000


Shelby County, Tennessee General Obligation Refunding Bonds, 2019 Series B (the "Bonds"). The proceeds of the Bonds will be used, together with other available funds of the County to (i) currently refund the County's General Obligation Public Improvement and School Bonds, 2009 Series B and General Obligation Public Improvement and School Bonds, 2009 Series C (Federally-Taxable Build America Bonds-Direct Payment) and (ii) pay certain costs of issuance for the Bonds. The Firm served as Disclosure Counsel to the County on the transaction which closed on February 14, 2019.




SHELBY COUNTY, TENNESSEE • $181,130,000


Shelby County, Tennessee General Obligation Public Improvement and School Bonds, 2019 Series A (the "Bonds"). The proceeds of the Bonds will be used, together with other available funds of the County to (i) finance various public works projects in the County and for school purposes; (ii) pay the principal due on the County's outstanding General Obligation Bond Anticipation Note, Series 2017 and (iii) pay the costs of issuance of the Bonds. The Firm served as Disclosure Counsel to the County on the transaction which closed on February 14, 2019.





CITY OF MEMPHIS, TENNESSEE • $35,830,000


The City of Memphis, Tennessee Storm Water System Revenue Bonds, Series 2019 (the “Bonds”). The proceeds of the Bonds will be used for (i) financing improvements, additions and extensions to the Storm Water System of the City, consisting of Storm Water facilities, a Storm Water drainage system and a flood protection system, (ii) funding a reserve fund for the Bonds and (iii) paying the costs of issuance of the Bonds. The Firm served as Sole Counsel to the syndicate of Underwriters’ on the transaction which closed on November 13, 2019.




THE HEALTH, EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMPHIS, TENNESSEE • $15,450,000


The Heath, Educational and Housing Facility Board of the City of Memphis, Tennessee Collateralized Multifamily Housing Bonds, (Burkle & Main Apartments Project) Series 2019 (the “Bonds”). The proceeds of the Bonds will be used to finance a loan to the Borrower, to enable the Borrower to pay a portion of the cost of acquiring, construction and equipping of a 126-unit multifamily residential rental facility located in Memphis, Shelby County, Tennessee. The Firm served as Counsel to the Issuer of the Bonds on the transaction which closed on November 7, 2019.




SHELBY COUNTY, TENNESSEE • $150,000,000


Shelby County Tennessee General Obligation Bond Anticipation Note, Series 2019 (the "Note"). The Note is being issued (i) to provide moneys to finance certain capital projects of Shelby County, including schools, or for any other lawful purpose, and (ii) to pay the costs of issuance and sale of the Note. The Firm served as Co-Bond Counsel to the County on the transaction which closed on October 3, 2019.




THE MEMPHIS AND SHELBY COUNTY SPORTS AUTHORITY INC. • $67,770,000


The Memphis and Shelby County Sports Authority Inc. Revenue Refunding Bonds (Memphis Arena Project), 2019 Series B (the “Bonds”). The proceeds of the Bonds will be used to currently refund all or a portion of the Authority’s outstanding Revenue Refunding Bonds, 2009 Series B in order to achieve certain debt service savings for the Authority. The Firm served as Disclosure Counsel to the Authority on the transaction which closed on August 5, 2019.




THE MEMPHIS AND SHELBY COUNTY SPORTS AUTHORITY INC. • $65,700,000


The Memphis and Shelby County Sports Authority Inc. Revenue Refunding Bonds (Memphis Arena Project), 2019 Series A (the “Bonds”). The proceeds of the Bonds will be used to currently refund all or a portion of the Authority’s outstanding Revenue Refunding Bonds, 2009 Series A (Memphis Arena Project) in order to achieve certain debt service savings for the Authority. The Firm served as Disclosure Counsel to the Authority on the transaction which closed on August 5, 2019.




SHELBY COUNTY, TENNESSEE • $74,555,000


Shelby County, Tennessee General Obligation Refunding Bonds, 2019 Series B (the "Bonds"). The proceeds of the Bonds will be used, together with other available funds of the County to (i) currently refund the County's General Obligation Public Improvement and School Bonds, 2009 Series B and General Obligation Public Improvement and School Bonds, 2009 Series C (Federally-Taxable Build America Bonds-Direct Payment) and (ii) pay certain costs of issuance for the Bonds. The Firm served as Disclosure Counsel to the County on the transaction which closed on February 14, 2019.




SHELBY COUNTY, TENNESSEE • $181,130,000


Shelby County, Tennessee General Obligation Public Improvement and School Bonds, 2019 Series A (the "Bonds"). The proceeds of the Bonds will be used, together with other available funds of the County to (i) finance various public works projects in the County and for school purposes; (ii) pay the principal due on the County's outstanding General Obligation Bond Anticipation Note, Series 2017 and (iii) pay the costs of issuance of the Bonds. The Firm served as Disclosure Counsel to the County on the transaction which closed on February 14, 2019.





CITY OF MEMPHIS, TENNESSEE • $69,480,000


The City of Memphis, Tennessee Sanitary Sewerage System Revenue and Revenue Refunding Bonds, Series 2018 (the “Bonds”). The proceeds of the Bonds will be used for the purpose of (i) financing improvements, additions and extensions to the City's sanitary sewerage system; (ii) refunding all or a portion of the City's outstanding Sanitary Sewerage System Revenue Bonds, Series 2007 and Sanitary Sewerage System Revenue Bonds, 2009B (Direct Payment Build America Bonds); and (iii) paying the costs of issuance of the Bonds. The Firm served as Co-Bond Counsel to the City of Memphis on the transaction which closed on November 1, 2018.




THE HEALTH, EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMPHIS, TENNESSEE • $15,450,000


The Health Educational and Housing Facility Board of the City of Memphis, Tennessee Multifamily Housing Revenue Bonds (Hope Heights Tower Apartments) Series 2018 (the “Bonds”). The proceeds of the Bonds will be used for providing all or part of the funds with which to pay the cost of the acquisition, rehabilitation and equipping of an approximately 147-unit multifamily rental housing project in Memphis, Shelby County, Tennessee, to be known as Hope Heights Tower Apartments. The Firm served as Counsel to the Issuer on the transaction which closed on December 19, 2018.




SHELBY COUNTY, TENNESSEE • $150,000,000


Shelby County Tennessee General Obligation Bond Anticipation Note, Series 2019 (the "Note"). The Note is being issued (i) to provide moneys to finance certain capital projects of Shelby County, including schools, or for any other lawful purpose, and (ii) to pay the costs of issuance and sale of the Note. The Firm served as Co-Bond Counsel to the County on the transaction which closed on October 3, 2019.




CITY OF JACKSON, MISSISSIPPI • $1,750,000


The City of Jackson, Mississippi Tax Increment Financing Revenue Bond, Series 2018 (Westin Hotel Project) (the “Bond”). The proceeds of the Bond will be used to (i) finance and/or reimburse public infrastructure and site improvements to the Westin Hotel, which is located within the city limits of Jackson and encompassing an entire city block bound by streets Tombigbee, Court, Congress and West including the former Mississippi Valley Title Building, and (ii) pay the costs of issuing the Bond. The Firm served as sole Bond Counsel to the City of Jackson on the transaction which closed on October 15, 2018.




THE HEALTH, EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMPHIS, TENNESSEE • $16,000,000


The Health Educational and Housing Facility Board of the City of Memphis, Tennessee Multifamily Housing Revenue Bonds (Gospel Gardens Apartments) Series 2018 (the “Bonds”). The proceeds of the Bonds will be used for providing all or part of the funds with which to pay the cost of the acquisition, rehabilitation and equipping of an approximately 200-unit multifamily rental housing project in Memphis, Shelby County, Tennessee, to be known as Gospel Gardens Apartments. The Firm served as Counsel to the Issuer on the transaction which closed on September 14, 2018.




THE HEALTH, EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMPHIS, TENNESSEE • $15,000,000


The Health Educational and Housing Facility Board of the City of Memphis, Tennessee Multifamily Housing Revenue Bonds (Cavelier Court Apartments) Series 2018 (the “Bonds”). The proceeds of the Bonds will be used for providing all or part of the funds with which to pay the cost of the acquisition, rehabilitation and equipping of an approximately 200-unit multifamily rental housing project in Memphis, Shelby County, Tennessee, to be known as Cavelier Court Apartments. The Firm served as Counsel to the Issuer on the transaction which closed on September 13, 2018.




THE MEMPHIS-SHELBY COUNTY AIRPORT AUTHORITY • $119,275,000


The Memphis-Shelby County Airport Authority Airport Revenue Bonds, Series 2018 (AMT) (the "Bonds"). The proceeds of the Bonds will be used to (i) finance a portion of the costs of construction, equipping and modernization of a significant portion of Concourse B and related improvements, (ii) fund a capitalized interest account, (iii) fund a debt service reserve account and (iv) pay related costs of issuance. The Firm served as sole Counsel to the Underwriters' on the transaction which closed on August 30, 2018.




CITY OF JACKSON, MISSISSIPPI • $4,447,000


The City of Jackson, Mississippi Tax Increment Financing Revenue Bonds, Series 2018 (The District At Eastover Project) (the “Bonds”). The proceeds of the Bonds will be used to (i) finance and/or reimburse public infrastructure and site improvements to the District at Eastover located between the City of Jackson's Eastover and Fondren neighborhoods which is adjacent to the I-55 corridor and the University of Mississippi Medical Center, and (ii) pay the costs of issuing the Bonds. The Firm served as sole Bond Counsel to the City of Jackson on the transaction which closed on August 24, 2018.




THE HEALTH, EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMPHIS, TENNESSEE • $17,400,000


The Health Educational and Housing Facility Board of the City of Memphis, Tennessee Collateralized Multifamily Housing Bonds (Keystone Landing and Pendleton Place Apartments) Series 2018 (the “Bonds”). The proceeds of the Bonds will be used to finance a portion of the cost of acquiring, rehabilitating and equipping two multifamily residential rental facilities located in Memphis, Tennessee, known as Keystone Landing Apartments and Pendleton Place Apartments. The Firm served as Counsel to the Issuer on the transaction which closed on July 19, 2018.




CITY OF MEMPHIS, TENNESSEE • $309,255,000


The City of Memphis, Tennessee General Improvement Bonds Series 2018 (the “Bonds”). The proceeds of the Bonds will be used to (i) finance various public works projects of the City, (ii) provide for the payment of $150,00,000 principal amount outstanding General Obligation Commercial Paper at their respective maturities, and (iii) provide for the costs of issuance of the Bonds. The Firm served as Co-Bond Counsel to the City of Memphis on the transaction which closed on May 1, 2018.





CITY OF MEMPHIS, TENNESSEE • $69,480,000


The City of Memphis, Tennessee Sanitary Sewerage System Revenue and Revenue Refunding Bonds, Series 2018 (the “Bonds”). The proceeds of the Bonds will be used for the purpose of (i) financing improvements, additions and extensions to the City's sanitary sewerage system; (ii) refunding all or a portion of the City's outstanding Sanitary Sewerage System Revenue Bonds, Series 2007 and Sanitary Sewerage System Revenue Bonds, 2009B (Direct Payment Build America Bonds); and (iii) paying the costs of issuance of the Bonds. The Firm served as Co-Bond Counsel to the City of Memphis on the transaction which closed on November 1, 2018.




THE HEALTH, EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMPHIS, TENNESSEE • $15,450,000


The Health Educational and Housing Facility Board of the City of Memphis, Tennessee Multifamily Housing Revenue Bonds (Hope Heights Tower Apartments) Series 2018 (the “Bonds”). The proceeds of the Bonds will be used for providing all or part of the funds with which to pay the cost of the acquisition, rehabilitation and equipping of an approximately 147-unit multifamily rental housing project in Memphis, Shelby County, Tennessee, to be known as Hope Heights Tower Apartments. The Firm served as Counsel to the Issuer on the transaction which closed on December 19, 2018.




SHELBY COUNTY, TENNESSEE • $150,000,000


Shelby County Tennessee General Obligation Bond Anticipation Note, Series 2019 (the "Note"). The Note is being issued (i) to provide moneys to finance certain capital projects of Shelby County, including schools, or for any other lawful purpose, and (ii) to pay the costs of issuance and sale of the Note. The Firm served as Co-Bond Counsel to the County on the transaction which closed on October 3, 2019.




CITY OF JACKSON, MISSISSIPPI • $1,750,000


The City of Jackson, Mississippi Tax Increment Financing Revenue Bond, Series 2018 (Westin Hotel Project) (the “Bond”). The proceeds of the Bond will be used to (i) finance and/or reimburse public infrastructure and site improvements to the Westin Hotel, which is located within the city limits of Jackson and encompassing an entire city block bound by streets Tombigbee, Court, Congress and West including the former Mississippi Valley Title Building, and (ii) pay the costs of issuing the Bond. The Firm served as sole Bond Counsel to the City of Jackson on the transaction which closed on October 15, 2018.




THE HEALTH, EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMPHIS, TENNESSEE • $16,000,000


The Health Educational and Housing Facility Board of the City of Memphis, Tennessee Multifamily Housing Revenue Bonds (Gospel Gardens Apartments) Series 2018 (the “Bonds”). The proceeds of the Bonds will be used for providing all or part of the funds with which to pay the cost of the acquisition, rehabilitation and equipping of an approximately 200-unit multifamily rental housing project in Memphis, Shelby County, Tennessee, to be known as Gospel Gardens Apartments. The Firm served as Counsel to the Issuer on the transaction which closed on September 14, 2018.




THE HEALTH, EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMPHIS, TENNESSEE • $15,000,000


The Health Educational and Housing Facility Board of the City of Memphis, Tennessee Multifamily Housing Revenue Bonds (Cavelier Court Apartments) Series 2018 (the “Bonds”). The proceeds of the Bonds will be used for providing all or part of the funds with which to pay the cost of the acquisition, rehabilitation and equipping of an approximately 200-unit multifamily rental housing project in Memphis, Shelby County, Tennessee, to be known as Cavelier Court Apartments. The Firm served as Counsel to the Issuer on the transaction which closed on September 13, 2018.




THE MEMPHIS-SHELBY COUNTY AIRPORT AUTHORITY • $119,275,000


The Memphis-Shelby County Airport Authority Airport Revenue Bonds, Series 2018 (AMT) (the "Bonds"). The proceeds of the Bonds will be used to (i) finance a portion of the costs of construction, equipping and modernization of a significant portion of Concourse B and related improvements, (ii) fund a capitalized interest account, (iii) fund a debt service reserve account and (iv) pay related costs of issuance. The Firm served as sole Counsel to the Underwriters' on the transaction which closed on August 30, 2018.




CITY OF JACKSON, MISSISSIPPI • $4,447,000


The City of Jackson, Mississippi Tax Increment Financing Revenue Bonds, Series 2018 (The District At Eastover Project) (the “Bonds”). The proceeds of the Bonds will be used to (i) finance and/or reimburse public infrastructure and site improvements to the District at Eastover located between the City of Jackson's Eastover and Fondren neighborhoods which is adjacent to the I-55 corridor and the University of Mississippi Medical Center, and (ii) pay the costs of issuing the Bonds. The Firm served as sole Bond Counsel to the City of Jackson on the transaction which closed on August 24, 2018.




THE HEALTH, EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMPHIS, TENNESSEE • $17,400,000


The Health Educational and Housing Facility Board of the City of Memphis, Tennessee Collateralized Multifamily Housing Bonds (Keystone Landing and Pendleton Place Apartments) Series 2018 (the “Bonds”). The proceeds of the Bonds will be used to finance a portion of the cost of acquiring, rehabilitating and equipping two multifamily residential rental facilities located in Memphis, Tennessee, known as Keystone Landing Apartments and Pendleton Place Apartments. The Firm served as Counsel to the Issuer on the transaction which closed on July 19, 2018.




CITY OF MEMPHIS, TENNESSEE • $309,255,000


The City of Memphis, Tennessee General Improvement Bonds Series 2018 (the “Bonds”). The proceeds of the Bonds will be used to (i) finance various public works projects of the City, (ii) provide for the payment of $150,00,000 principal amount outstanding General Obligation Commercial Paper at their respective maturities, and (iii) provide for the costs of issuance of the Bonds. The Firm served as Co-Bond Counsel to the City of Memphis on the transaction which closed on May 1, 2018.





      2019 BOND TRANSACTIONS     

      2018 BOND TRANSACTIONS     

      2017 BOND TRANSACTIONS