Bank Direct Purchase Session at The Workshop
During the Bank Direct Purchase – General Considerations (Non-Tax) session at The Workshop: Virtual 2020, the panelists will discuss how banks review and respond to RFPs, what covenants banks typically require, and what options exist to negotiate them on both sides. Given current taxable rates, “Cinderella” refundings and forward settlement current refundings have become very useful ways to refinance bonds that are not currently callable. This panel will discuss both structures in detail. In addition, private placements played a vital role during the market disruptions caused in March and April by the COVID-19 pandemic.
Panelists will discuss how private placements may again play a significant role in the future if there are further market disruptions. “Given the ever changing regulatory and market landscape, and the disruptions caused by the COVID-19 pandemic, it is imperative that a practitioner attend The Workshop to remain equipped with the tools needed to effectively practice in the public finance space” said (pictured) Panel Chair David Lucas, Sherman & Howard L.L.C., Denver, CO.