Skip to main content
About Cristy
Cristy Edwards practices in the area of public finance and tax-exempt finance, with a primary focus on transactions involving hospitals and other healthcare facilities, colleges and universities, private schools, nonprofit organizations, industrial development, waste disposal facilities, airports and state agencies. She serves as bond counsel, borrower’s counsel, disclosure counsel, trustee’s counsel and underwriters counsel in such financings. Cristy also represents electric cooperatives in finance transactions. Cristy is experienced as trustee’s counsel in default and workout situations.
Cristy’s experience includes a wide variety of financings, including fixed rate and a full range of multi-modal rate structures, taxable and tax-exempt bonds, public offerings, private placements and direct purchase arrangements. Cristy also has significant experience in transactions involving interest rate swaps. She negotiates regularly with credit banks, swap providers, bond insurers, and direct purchasers in matters relating to tax-exempt finance. Cristy also advises clients regarding continuing disclosure obligations, compliance with bond covenants and other post-issuance compliance matters.
Before entering private practice, she served as a law clerk with the Honorable W. Eugene Davis of the United States Court of Appeals for the Fifth Circuit.
Experience
Recent Notable Matters
Harris County Industrial Development Corporation — bond counsel in the refinancing of $225 million of tax-exempt bonds issued for the benefit of Energy Transfer LP. The refinanced bonds were issued in the wake of Hurricane Ike to finance the construction of residual and crude oil terminal and dock facilities located in Houston.
Baylor College of Medicine — underwriter’s counsel to Barclays Capital Inc. and BofA Securities, Inc. in connection with the issuance of $208.020 million Harris County Cultural Education Facilities Finance Corporation Medical Facilities Mortgage Revenue Refunding Bonds (Baylor College of Medicine), Taxable Series 2020
Strake Jesuit College Preparatory, Inc. — bond counsel and borrower’s counsel in connection with the issuance of $25 million tax-exempt loan to finance campus facilities
Texas Medical Center — bond counsel and borrower’s counsel in connection with the issuance of $66.190 million Harris County Cultural Education Facilities Finance Corporation Revenue Bonds (Texas Medical Center), Series 2020A and $79.440 million Harris County Cultural Education Facilities Finance Corporation Taxable Revenue Bonds (Texas Medical Center), Series 2020B
TMC3 Development Corporation — bond counsel and issuer’s counsel in connection with the issuance of $35.640 million TMC3 Development Corporation Taxable Lease Revenue Bonds (TAMUS), Series 2020
Houston Methodist — bond counsel in connection with the issuance of $530 million Houston Methodist Taxable Revenue Bonds, Series 2020A and $370 million Harris County Cultural Education Facilities Finance Corporation Tax-Exempt Revenue Bonds (Houston Methodist), Series 2020B to finance and refinance improvements to hospitals and other health care facilities
YMCA of the Greater Houston Area — bond counsel in connection with the issuance of approximately $69 million of Harris County Cultural Education Facilities Finance Corporation Revenue Refunding Bonds (Young Men’s Christian Association of the Greater Houston Area), Series 2019
Rice University — bond counsel to William Marsh Rice University in connection with the issuance of $200 million Rice University Taxable Bonds, Series 2020 to finance campus facilities
Mission Economic Development Corporation — bond counsel in connection with the issuance of $60 million of Solid Waste Disposal Revenue Bonds (Republic Services, Inc. Project), Series 2020A
Mission Economic Development Corporation — bond counsel in connection with the issuance of $50.400 million of Solid Waste Disposal Revenue Bonds (Waste Management, Inc. Project), Series 2020A and $52 million of Solid Waste Disposal Refunding Revenue Bonds (Waste Management, Inc. Project), Series 2020B
Houston Methodist — bond counsel in connection with the issuance of $530 million Houston Methodist Taxable Revenue Bonds, Series 2020A and $370 million Harris County Cultural Education Facilities Finance Corporation Revenue Bonds (Houston Methodist), Series 2020B to finance and refinance improvements to hospitals and other health care facilities
Houston Endowment — bond counsel to the Houston Endowment in connection with $25 million tax-exempt loan to build a new headquarters building, designed by the winner of an international design competition, that will provide more space to work collaboratively with community partners and more accessibility to the people they serve
Texas Medical Center — bond counsel to Texas Medical Center in connection with the issuance of $52.39 million Harris County Cultural Education Facilities Finance Corporation Revenue Refunding Bonds (Texas Medical Center) Series 2019A and $39.11 million Harris County Cultural Education Facilities Finance Corporation Taxable Revenue Refunding Bonds (Texas Medical Center) Series 2019B
CHRISTUS Health — bond counsel to CHRISTUS Health in connection with $110.455 million Tarrant County Cultural Education Facilities Finance Corporation Revenue Refunding Bonds (CHRISTUS Health) Series 2018A; $333.180 million Tarrant County Cultural Education Facilities Finance Corporation Revenue Bonds (CHRISTUS Health) Series 2018B; and $339.536 million CHRISTUS Health Taxable Revenue & Refunding Bonds Series 2018C
Mission Economic Development Corporation — bond counsel to issuer in connection with $336.430 million Senior Lien Revenue Bonds (Natgasoline Project) Series 2018; $50 million Mission Economic Development Corporation Senior Lien Revenue Bonds (Natgasoline Project), Series 2016A; and $202.885 million Mission Economic Development Corporation Senior Lien Revenue Bonds (Natgasoline Project), Series 2016B
Numerous nonprofit hospitals and hospital systems — representation in connection with the issuance of tax-exempt bonds and related transactions, including public debt offerings and direct purchases, interest rate mode conversions, letter of credit substitutions, interest rate swaps, and continuing disclosure obligations
Large private university — served as bond counsel in connection with taxable and tax-exempt bonds and commercial paper programs
Private non-profit high school — served as bond counsel in connection with a combination tax-exempt and taxable financing to finance expansion of its campus
Economic development corporation — representation as issuer’s counsel and bond counsel in connection with numerous tax-exempt financings of industrial development projects and solid waste disposal projects
Multiple Texas electric cooperatives — representation in connection with loans from CoBank and CFC
Publications and Speeches
“Handbook of Municipal Bonds,” (co-author) Chapter on The Municipal Securities Rulemaking Board, John Wiley & Sons, Inc., 2015.