Public Finance

Hancock & Estabrook is nationally recognized bond counsel listed in The Bond Buyer's Municipal Marketplace (Redbook), the authoritative source of bond counsel. Our Firm has over 30 years of experience in municipal finance.

Serving Clients in Many Roles and Complex Transactions

We serve clients as bond counsel, issuer's counsel, underwriter's and placement agent's counsel, borrower's counsel, letter of credit bank counsel and trustee's counsel. We handle tax-exempt and taxable general obligation and revenue bonds and notes issued by municipalities, school districts, IDAs and 63-20 agencies.

Our services also include current and advance refundings, arbitrage and rebate, and spending and use requirements. We are members of the National Association of Bond Lawyers and the New York State Economic Development Council.

We handle complex public finance transactions throughout upstate New York, including:

• Fixed and variable rate bonds
• Credit enhanced and unenhanced bond issues
• Industrial Development Agency bonds
• Qualified 501c(3) bonds
• Healthcare financing
• Municipal general obligation bonds
• Sale/Leaseback and Lease/Leaseback transactions
• Swaps and other derivative financial products

Representative Public Finance Clients and Transactions

Our Public Finance attorneys have worked on many significant projects. We are proud to have represented the following entities and participated in the following transactions in public finance:

Auburn Industrial Development Authority:

• Alco Power Company, Inc. Facility
• Auburn Armature, LLC Project
• Auburn Technology, Inc. Facility
• Bluefield Manor Housing, Inc. Project
• Bo-Mer Manufacturing Company, Inc. Facility
• Central Building, LLC Project
• Currier Plastics, Inc. Project
• Gould Pumps, Inc. Facility
• H&E Turbo Components, Inc. Facility
• Logan Street Lofts Project
• McQuay Controls Facility
• Nucor Steel Auburn, Inc. Project
• Volpi (USA) Manufacturing Co., Inc. Facility

Cayuga County Industrial Development Agency:

• NFR Northeast, Inc. Project

Cortland County Industrial Development Agency:

• BorgWarner Morse TEC Inc. Facility
• Cortland Memorial Hospital, Inc. Project
• Saulsbury Fire Equipment Co., Inc. Facility

Madison County Industrial Development Agency:

• Cazenovia College Project

Oneida County Industrial Development Agency:

• The Fountainhead Group, Inc. Project
• Presbyterian Home for Central New York, Inc. Project
• East Coast Olive Oil Corporation Project

Onondaga County Industrial Development Agency:

• Ball Corporation Project
• G.A. Braun, Inc. Project
• Midstate Printing Corp. Project
• Peter's Groceries, Inc. Project
• Schneider Packaging Equipment Company, Inc. Project
• Syracuse Home Association, Inc. Project
• Syracuse Plastics, Inc. Project
• Syracuse Research Corp. Project
• YMCA of Greater Syracuse, Inc. Project

Village of Sidney Industrial Development Agency:

• Cullman Ventures, Inc. Project
• Keith Clark, Inc. Project

City of Syracuse Industrial Development Agency:

• Amos Building Redevelopment Project
• Byrne Dairy, Inc. Project
• Hanford Manufacturing Co., Inc. Project
• Jefferson-Clinton Hotel Project
• Pioneer Freezers, Inc. Project
• Seneca Building Project

Health Care:

• Auburn Memorial Hospital Facility
• Claxton-Hepburn Medical Center Project
• Community Memorial Hospital, Inc. Project
• Cortland Memorial Hospital, Inc. Project
• Oneida Healthcare Center Project
• Rome Memorial Hospital Project
• Samaritan Medical Center Project

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