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Rudy S. Salo



Rudy Salo works with lenders, borrowers and underwriters on a broad range of public projects financed by tax-exempt and taxable debt. He advises clients on public offerings and direct lending/privately placed debt serving as lender’s/bank, bond, disclosure, underwriter’s or borrower’s counsel.

What do you focus on?

Commercial Lending

I have significant experience representing commercial banks in providing credit and liquidity facilities in support of tax-exempt and taxable municipal securities, as well as representing those banks in the direct purchase of privately placed debt and the negotiation of revolving credit agreements and other lending solutions. I also advise on the various real estate issues that arise in connection with transactions that use real estate as collateral. I have represented numerous banks throughout the country in such transactions, including in California, New York, Massachusetts, Washington, Oregon and New Mexico.

Education Financing

I have significant experience in both short- and long-term financings for school districts, community college districts, private schools and universities throughout the country. These financings include serving as bond counsel, underwriter’s counsel, disclosure counsel and lender’s counsel in the issuance of general obligation and revenue bonds as well as direct placements/loans.

Transportation

My work also involves financings related to transportation, including significant experience in funding transportation projects. These projects include serving as disclosure counsel to the State of Nevada in connection with its highway revenue bonds; the financing of the extension of the 91 Express Lanes into Riverside County, California; the Dallas Area Rapid Transit’s Orange Line extension to Dallas-Fort Worth Airport; the renovation of the City of Denver’s Union Station; the financial restructuring of the South Bay Expressway (State Road 125) toll road in Southern California upon its emergence from bankruptcy; and the sale and financing of the sale of State Road 125 to the San Diego Association of Governments. I also have served as underwriter’s and bank counsel on several sales tax-backed deals throughout California.

What do you see on the horizon?

I see changes needed in how to finance transportation projects throughout the country, including the infrastructure needed to accommodate driverless car technology. I also see continuing opportunities for municipalities and nonprofits to combine a variety of private, local, statewide and federal funding revenues to progress various public improvement projects, including the expansion of the use of revolving credit agreements in short-term financings.

Presentations

  • “Avoiding Critical Municipal Bond Pitfalls,” National Business Institute—Local Government Law From Start to Finish, Santa Ana, December 2017
  • “Navigating Open Meeting Law Compliance Issues,” National Business Institute—Local Government Law From Start to Finish, Santa Ana, December 2017
  • “Private Placements: More Permanent Part of the Landscape,” Bond Buyers California Public Finance Conference, Carlsbad, September 2017
  • “Hot Topics in the Middle Market | Investing Outlook: Challenges and Opportunities in the Cannabis Industry,” Nixon Peabody Seminar, June 2017
  • “Real estate and finance: The what, where, and how of technology’s impact,” Nixon Peabody Annual MCLE Seminar, Los Angeles, January 2017
  • “Carmageddon: The impending Impact of Driverless Cars,” MFI Institute, November 2016
  • “Financing Options: Which Type of Debt is Best for You Part II,” CDIAC, October 2016
  • “Direct Lending,” Bond Buyer’s 26th California Public Finance Conference, September 2016
  • “Financing of Public Infrastructure,” California Council of Economic Advisors, Los Angeles, CA, May 2016
  • “Direct Lending,” Bond Buyer’s 24th California Public Finance Conference, October 2014
  • “Direct Lending," Bond Buyer’s 23st California Public Finance Conference, September 2013
  • “Toll Roads (HOVs),” Bond Buyer’s 22st California Public Finance Conference, October 2012
  • “Liquidity Facilities and Other Short-Term Financing Tools,” Bond Buyer’s 21st California Public Finance Conference, September 2011
  • “Current Practices in School Debt Finance: A School Debt Finance Seminar for Business Officials in the Central Valley,” California Debt and Investment Advisory Commission, February 2010

Executive interview with Nixon Peabody attorney Rudy Salo

Civic Business Journal | October 16, 2017

This Q&A features Los Angeles public finance partner Rudy Salo and highlights his educational background, career, legal practice and his outlook on the public finance sector.

Why Dealers are Struggling with Proposed Markup Disclosure

The Bond Buyer | September 23, 2016

Los Angeles public finance partner Rudy Salo is quoted in this feature story discussing the struggle facing dealers as they try to comply with the Municipal Securities Rulemaking Board's proposed markup disclosure requirements.

Rising Stars

The Bond Buyer | September 21, 2016

Los Angeles public finance partner Rudy Salo is recognized among The Bond Buyer’s 2016 Rising Stars.

Driverless Cars Pave the Way for Real Estate Development

Law360 | April 07, 2016

Los Angeles partners Justin Thompson, Rudy Salo and associate Daniel Eliav co-authored this piece discussing the potential impact driverless technology could have on real estate development as well as infrastructure financing.

Manhattan Beach eyes Silicon Beach boom

The Beach Reporter | March 18, 2016

This coverage notes Los Angeles public finance partner Rudy Salo’s new role on the Economic Development Advisory Council.

Real Estate Crowdfunding Needs Compliance and Creativity

Law360 | March 19, 2015

Los Angeles Public Finance partner Rudy Salo is quoted in this article discussing growing interest in real estate crowdfunding.

Contact

Rudy S. Salo

Partner

Los Angeles

Phone: 213-629-6069


Fax: 866-817-1940

Georgetown University Law Center, J.D.

University of California, Los Angeles, B.A., magna cum laude

California

Arabic

Spanish

Rudy Salo is a member of the National Association of Bond Lawyers, the Los Angeles County Bar Association and the American Bar Association.

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