McGuireWoods’ Public Finance Team Earns Top Nationwide Rankings for Bond Transactions

September 2, 2022

McGuireWoods cemented its position as one of the nation’s leading law firms for advising issuers and underwriters in municipal bond offerings during the first half of 2022, earning top 10 nationwide rankings in league tables published by Refinitiv.

In Refinitiv’s rankings, McGuireWoods ranked 10th in proceeds for advising underwriters in municipal bond issuances, as well as long- and short-term bond offerings. The firm ranked seventh for deals in which it served as special tax counsel and 11th for offerings in which it served as private counsel. McGuireWoods also ranked fourth in proceeds for serving as underwriter’s counsel in green bond offerings.

McGuireWoods continued its dominance as top bond counsel in Virginia in rankings published by The Bond Buyer, the daily newspaper of public finance. The Bond Buyer’s rankings are based on data provided by Refinitiv.

The firm served as underwriter’s counsel in numerous significant bond offerings in the first half of 2022, including:

  • financings for two metropolitan airports totaling over $900 million in revenue bonds;
  • a $643.46 million Maryland Economic Development Corporation private activity revenue bond; and
  • the sale of $300 million in state of North Carolina limited obligation bonds to fund road and highway improvement projects.

“McGuireWoods consistently ranks among the leaders in public finance thanks to the experience and industry knowledge of our talented team,” said Kay McNab, chair of the firm’s Public Finance Department. “We were proud to represent our valued clients in these transactions.”

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