Dia Walrath is a transactional associate and a member of Nixon Peabody’s Project Finance and Public Finance team. She serves as bond counsel, disclosure counsel, and underwriter’s counsel on matters related to the issuance of tax-exempt and taxable municipal securities.
Prior to joining Nixon Peabody, Dia served as a legislative aide in the United States Senate and was a member of the U.S. Senate Black Legislative Staff Caucus.
My practice focuses on assisting states, cities, counties, school districts, airport authorities, transportation authorities, and 501(c)(3) nonprofits achieve their refunding and capital improvement financing needs. I serve issuers and borrowers by drafting legal documents for general obligation bonds, certificates of participation, commercial paper, and lease revenue bonds. I also conduct due diligence analyses and advise clients in securities law disclosure compliance. I’ve assisted in securing voter approval for bond issuances to finance educational projects. I also work on a variety of innovative offerings, including the financing of a project that repurposes rice straw to produce medium density fiberboard for manufacturing, as well as a program utilizing a tax credit to address homelessness and mental illness in the state of California. Once our work is complete and projects are underway, I am energized by the direct positive impacts I see in my community.
As the COVID-19 pandemic continues to challenge the municipal market, an issuer’s financial condition and projections will face increased scrutiny. I look forward to working closely with my clients in evaluating alternative financing and borrowing mechanisms to achieve their goals and crafting clear, accurate disclosures to keep investors properly informed.