Anatomy of a Deal

The county achieved its many goals through long-running discipline, planning, and intelligent risk taking.

The use of extendable commercial paper, a first by an airport, provided DFW interim financing for its capital program without the need for bank liquidity.

"It became apparent that building this new critical care, advanced care bed tower was a strategic imperative," said John Morgan, interim CFO at WMCHealth.

The prepaid electricity bond deal issued by the California Community Choice Financing Authority for the Clean Power Allliance was record-setting in size.

Skeptical lawmakers, a new administration in Baton Rouge, and construction change orders all meant repeated delays in commercial close of the P3.

The University of Chicago embarked on the Illinois Finance Authority's largest financing ever to transform its capital structure and fund major projects.

The projects funded by the deal align with the city of Alexandria's goal to reduce community-wide greenhouse gas emissions 50% by 2030.

The $4.5 billion of New York Transportation Development Corp. bonds sold for the P3 won the Northeast category of The Bond Buyer's 2024 Deal of the Year awards.

The Los Angeles school district was at the forefront of a Build America Bond refunding wave with its $2.9 billion deal.

The finance team burned the midnight oil to assemble and market one of the most complex deals in the municipal market this year.