Chris Reitzel is a partner in Nixon Peabody’s Project Finance and Public Finance group. He works with issuers, underwriters and financial advisors on public and project finance projects across a broad range of sectors. He serves as bond counsel, disclosure counsel, and underwriters’ counsel on public offerings and private placements. His diverse transactional background includes taxable and tax-exempt debt, complex variable rate products including subordinated and senior commercial paper, and direct and standby credit and liquidity facilities.
I focus my practice on public and project finance matters, with extensive experience representing issuers and underwriters in the areas of transportation and infrastructure, public power, environmental, higher education, health care and housing matters, including work on financings for the Dormitory Authority of the State of New York (DASNY), Empire State Development (ESD), Metropolitan Transportation Authority (MTA), the Long Island Power Authority (LIPA), the New York State Environmental Facilities Corporation (EFC) and the City of New York (NYC).
I have been fortunate to be involved in some uniquely complex, multi-disciplinary transactions. For example, I served as bond counsel to ESD (through the New York Transportation Development Corporation (an ESD-related entity)) in the approximately $2.4 billion P3 bond financing for the redevelopment of LaGuardia Airport in New York City, which was awarded The Bond Buyer’s Regional Deal of the Year award in 2016. I also served as disclosure counsel for LIPA’s first-of-its-kind $2 billion municipal utility debt restructuring, which involved preparing a new disclosure document for a stand-alone securitization authority (Utility Debt Securitization Authority or UDSA), as well as a tender offer disclosure document for LIPA.
Recently, I have been involved in a number of important transactions for the State of New York (as bond counsel for financings done through DASNY and as bond and underwriters’ counsel for financings done through ESD) and MTA, as the State and region do their best to navigate through the COVID-19 pandemic.
I have served as disclosure counsel many times, including regularly for two very active issuers with multifaceted operations and diverse financing programs. Since 2000, I have been EFC’s disclosure counsel for its State Revolving Fund programs. Since 2008, I have been disclosure counsel to LIPA (and UDSA). In both cases, I get to work with incredibly talented and dedicated in-house people on cutting-edge financings.
Creative financing solutions. The recent financing environment exacerbated by the COVID-19 pandemic is pushing our industry to develop new ways to finance growing infrastructure needs. To meet the needs of our clients—issuers, investment banks, credit providers, consultants, and developers—we will need to be as thoughtful as ever.
Harvard University, B.A.
New York University School of Law, J.D.
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