Kay is chair of the firm’s public finance department. She focuses her practice on public finance and lending. She has significant experience in representing banks and other financial institutions in public offerings and private placements of debt, in addition to secured lending and structured finance.
Over the course of her career, Kay has worked in the banking and public finance areas. She has extensive experience in acting as counsel to both domestic and foreign banks providing credit and liquidity support for tax-exempt financings for municipal, healthcare and non-profit borrowers, as well as counsel to such banks in purchasing such obligations directly. Kay has also represented commercial banks in structuring secured and unsecured transactions, including revolving and term loan facilities. In addition, she actively represents underwriters and remarketing agents in public offerings and private placements of debt.
Representation of bank group providing line of credit facility for the State of Illinois.
Representation of bank group providing hybrid liquidity facilities with commitments aggregating approximately $500 million to support variable rate debt of one of the nation’s largest non-profit health systems.
Representation of banks and other financial institutions in direct purchases of over $1 billion of bonds issued to finance senior living facilities across the county.
Representation of banks in connection with liquidity facilities with commitments of approximately $600 million to state housing authorities in support of variable rate bonds.
Representation of underwriters in connection with multiple series of fixed rate and variable rate airport revenue bonds.
Representation of underwriters and remarketing agents with respect to approximately $1 billion of pollution control bonds issued for two southern utility companies.
Selected for inclusion in The Best Lawyers in America, Banking and Finance Law, 2018-2024; Public Finance Law, 2023, 2024
Named a "Lawyer of the Year," Chicago, Banking and Finance Law, 2022; Public Finance Law, 2024, The Best Lawyers in America
McGuireWoods’ Public Finance Team Earns Top Nationwide Rankings for Bond Transactions
September 2, 2022
McGuireWoods Bolsters Public Finance Team With Respected Public Finance Lawyer Isaac Yilma
June 13, 2022
McGuireWoods Attorneys Recognized in 2022 Edition of The Best Lawyers in America
August 19, 2021
The Bond Buyer Ranks McGuireWoods Among Leading Underwriter’s Counsel in 2020
March 25, 2021