Katie Baynes, a counsel in Nixon Peabody’s Public Finance group, focuses her practice on project finance, infrastructure finance and public finance. She represents government authorities, issuers and underwriters in connection with project financings as well as industrial development revenue bonds; civic facility revenue bonds; college and university bonds; hospital, health care, and senior living bonds; other exempt facility bonds; and multi-family housing bonds.
I have been involved in numerous tax-exempt and taxable stadium and sports team financings, including for the Barclays Center in Brooklyn, Yankee Stadium and Citi Field Ballpark, MetLife Stadium in New Jersey and the new stadium for the San Francisco 49ers in Santa Clara, California. In particular, I led the 2009 bond financing for the completion of the New York Mets Citi Field Ballpark. Our team has won national recognition for its award-winning solutions to the challenges of financing these projects, which leverage taxpayer dollars to maximize private investment in these public facilities.
I was a key member of the team representing Citi in connection with the 2013 Iowa Fertilizer Company financing of a $1.8 billion nitrogen-based fertilizer production plant in Lee County, Iowa. I also assisted in the representation of the underwriters in a biomass energy facility and paper mill in Georgia and a sludge pelletization facility in Maryland.
I am involved in a broad array of financings for economic development, including serving as bond counsel for many of the firm’s issuing authority clients, and underwriter’s counsel for our investment banking clients. Projects financed include industrial development bonds as well as those for nonprofit borrowers such as universities and hospitals. My clients include industrial development agencies in New York City, Suffolk County, Westchester County, Dutchess County and Ontario County as well the Dormitory Authority of the State of New York and the Massachusetts Development Finance Agency.
I have also represented financial institutions issuing letters of credit and standby bond purchase agreements to support a variety of municipal bonds. I have structured and negotiated senior lien secured and unsecured debt, including credit facilities, exempt public offerings, limited offerings and private placements as well as subordinated debt and related inter-creditor arrangements.
There is an abundance of opportunity for tax-exempt incentives to help communities seeking to provide employment growth and borrowers (private as well as nonprofits) seeking new business opportunities. Having an appreciation of all sides of these financings, I look forward to extracting the maximum benefits for my clients from these incentives.
Harvard Law School, J.D., cum laude
Cornell University, School of Industrial & Labor Relations, B.S.
Katie was selected to the Upstate New York Super Lawyers list in 2014 through 2018. Her primary area of practice is government finance law. In addition she was selected to the New York Metro Rising Stars list in 2011 and 2012.