Ken Lind works with issuers, underwriters, financial advisors, banks and concession bidders on a range of public finance projects. He advises clients on public offerings and private placements serving as bond, underwriters’ disclosure, derivatives or bank counsel.
What do you focus on?
Much of my work involves financings and P3 transactions related to transportation. For example, I am bond counsel for the Metropolitan Washington Airports Authority’s Dulles Toll Road—Metrorail System Project and finance counsel to Transbay JPA in San Francisco, which is constructing a regional rail and bus terminal—that city’s “Grand Central Terminal.” I have also worked on significant toll road and bridge construction projects, including financing the downtown segment of the Ohio River Bridges project in Kentucky and the Goethals Bridge replacement between New Jersey and Staten Island.
I have significant experience creating financings funded in whole or part by federal grants and loans, including TIFIA loans, federal highway trust fund moneys and full funding grant agreements, including two of the largest such projects in the country—East Side Access (bringing Long Island Rail Road into Grand Central Terminal) and the NYC MTA’s Second Avenue Subway.
Structuring and Compliance Advice
My experience working in-house at the New York MTA, including 15 months as acting financing director in charge of a $20 billion bond portfolio, increased my insight into not only the legal aspects, but also the financing ramifications of structuring complex transactions. This experience has been valuable in advising my clients on matters such as structuring, swaps, disclosure and regulatory compliance.
What do you see on the horizon?
There are continuing opportunities for municipalities to combine a variety of local, statewide and federal funding revenues to progress major public improvement projects, with or without the assistance of private developer equity.