City of Atlanta’s $226.2 Million Water and Wastewater Refinancing

Hunton & Williams LLP advised the City of Atlanta as its Bond Counsel in issuance of its $226,175,000 Water and Wastewater Revenue Refunding Bonds, Series 2017 that will save the city nearly $43 million over the life of bonds.

The transaction, closed May 4, sold at a true interest cost of 3.489 percent, and will save ratepayers in the City $1.68 million in annual debt service.

The Hunton team was led by Atlanta partner Douglass P. Selby (Picture) and included Raleigh partner William H. McBride and Atlanta associate Yeshake “Isaac” Yilma.

Involved fees earner: Douglass Selby – Hunton & Williams LLP; William McBride – Hunton & Williams LLP; Yeshake Yilma – Hunton & Williams LLP;

Law Firms: Hunton & Williams LLP;

Clients: City of Atalanta;

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Author: Ambrogio Visconti