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.
Recent Notable Matters
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.