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Event

Discussion on Legislative Technical Corrections

Member-exclusive discussion on various legislative proposals and potential technical corrections that could improve the tax-exempt bond market.

Private Placement Memorandum

A type of offering document used in a private placement. 

Private Placement or Direct Purchase

The negotiated offering of a new issue of bonds directly to one or a limited number of purchasers without using an underwriter. 

Lender’s Counsel

An attorney or firm of attorneys engaged to represent the lender in a private placement.

Lender

The entity or entities, typically commercial banks, which purchases the bonds pursuant to a private placement for its own portfolio.

Loan Agreement

In a private placement, the agreement between the issuer and a lender (e.g., a bank) pertaining to the loan of the bond proceeds to the issuer. In conduit financings, the agreement…

Town of Galena, Illinois Source: Jasperdo via Flickr
  • Issue Briefs

Updating the Small Borrower Exemption

Modernize Financing Options Available to Our Smallest Communities

  • Webinars
  • CLE Eligible

Tax Concepts In Bank Direct Purchase And Bank Qualification [Workshop 2022]

In this session, tax law practitioners discuss the tax law issues that arise in bank direct placements and bank loans, with a portion of the session devoted to tax considerations…

  • Webinars
  • CLE Eligible

Bank Direct Purchase – General Considerations (Non Tax) [Workshop 2022]

In this panel, we discuss structuring and legal considerations that arise in private placement bond issues and bank loans. Topics include: trends in bank loans and other direct-placement financings, such…

  • Webinars

Tax Concepts in Bank Direct Purchase and Bank Qualification [Workshop 2021]

In this session, tax law practitioners discuss the tax law issues that arise in bank direct placements and bank loans, with a portion of the session devoted to tax considerations…

  • Webinars

Bank Direct Purchase – General Considerations (Non-Tax) [Workshop 2021]

This session discussed structuring and securities and general law considerations that arise in private placement issues and bank loans. Topics include: trends in bank loans and other direct-placement financings, such…

  • Comments

Statement of Support for Additional Tax Tools to Help Local Governments and

Statement urging Congress to include additional tax tools to help state and local governments in any large domestic policy agenda bill.