David Williams

Expert Guidance on a Complex Municipal Bond Refinancing

Our organization, a regional healthcare authority, faced a daunting task: refinancing over $100 million in existing tax-exempt revenue bonds to fund a critical facility expansion. The complexity of navigating IRS regulations, SEC disclosures, and investor concerns was immense. From our first consultation, David Williams of Butler Snow demonstrated why he is so highly regarded in public finance law. His 25 years of deep, specialized experience in tax-exempt bond financing was immediately evident. He didn't just recite rules; he explained the strategic implications of different structures, from bank-qualified debt to potential taxable options, with remarkable clarity. David and his team meticulously prepared the official statement, ensuring full transparency for the market, and skillfully negotiated with underwriters to secure a highly favorable interest rate. His recognized expertise, particularly his nuanced understanding of the tax incentives involved, directly translated into significant long-term savings for our project. Beyond his technical mastery, David’s professionalism and steady guidance were invaluable. He was consistently accessible, patiently answered every question from our board, and managed the entire process with a calm, assured demeanor that instilled confidence during a high-stakes transaction. We achieved an optimal outcome that would not have been possible without his counsel. For any entity considering debt financing for public infrastructure, David Williams is the attorney you want in your corner.