HOUSTON – Bracewell LLP is pleased to announce that its public finance practice earned two top 10 rankings in Thomson Reuters’ U.S. Municipals Review league tables for the first half of 2017.
The firm ranked as follows:
- #10 in the special tax counsel category, with proceeds of $93.6 million; and
- #10 in the disclosure counsel category, with proceeds of $1,950 million.
Bracewell’s midyear numbers were bolstered by its roles as Special Tax Counsel and Disclosure Counsel for the City of Houston in connection with the City’s recent $200,000,000 Tax and Revenue Anticipation Notes, Series 2017. Issuance of the Notes allows the City to address the inherent fluctuations in its revenue cycle, caused primarily by the effects of the annual ad valorem tax collection process. The Official Statement prepared in connection with the offering of the Notes included a discussion of the ongoing Texas legislative session and the Notes were the first offering by the City subject to the competitive bidding provisions of the recently modified issue price rules.
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Bracewell’s public finance group is one of the largest in the nation, with 30 attorneys actively practicing in our Texas and Washington, D.C. offices. We provide clients with continuing up-to-date information on trends and challenges, as well as an in-depth understanding of state and federal law issues and insight into managing municipal regulatory challenges. We work with all types of public and private entities and understand the complexities inherent in providing bond, disclosure and tax counsel to issuers, underwriters, trustees, third-party credit providers and borrowers.