McGuireWoods’ public finance team ranked among the top bond counsel in the Southeast United States in 2024 and advised clients in two of the nation’s most noteworthy transactions, according to data published by The Bond Buyer, the daily newspaper of public finance.
McGuireWoods ranked 10th in the Southeast region, which covers 11 states. The firm earned a No. 2 bond counsel ranking in Virginia and a No. 4 rating in North Carolina. McGuireWoods also was the No. 5 bond counsel in Maryland, part of The Bond Buyer’s Northeast region.
The firm advised Alexandria, Virginia’s water and sewer authority, Alexandria Renew, on its $45.7 million issuance of wastewater revenue bonds, Virginia’s first green bond for a wastewater authority. The Bond Buyer selected this transaction as its Small Issuer Financing Deal of the Year.
In addition, McGuireWoods advised the Virginia Resources Authority on a $175.1 million bond issue to finance state capital improvements, the 10th largest development issue in The Bond Buyer’s 2024 rankings.
“The Bond Buyer’s rankings demonstrate the depth and breadth of our capabilities and affirm our reputation as go-to legal advisers for sophisticated public finance transactions,” said Kay McNab, co-leader of McGuireWoods’ Public Finance Practice Group.
McGuireWoods holds a Band 1 nationwide ranking in public finance from Chambers USA, the highest awarded by the respected legal guide. The firm’s finance lawyers have earned national recognition for their work in governmental and private activity bonds and are leaders in the use of strategies such as public-private partnerships; special revenue, tax and assessment pledges; lease financings; and tax and revenue anticipation notes.