Represented a Global Investment Banking Firm in Three Major Transactions

In a series of three transactions, Parker McCay represented a global investment banking firm in connection with the issuance by the City of Atlantic City of over $186,000,000 aggregate principal amount of Tax Appeal and Deferred Obligation Refunding Bonds, marking a significant milestone for the future financial stability of Atlantic City.  In particular, Parker McCay was integral in providing legal assistance to the City and the underwriter in connection with the successful marketing and sale of the Bonds by the underwriter given the complexities of disclosure related to the City's operations and finances, including the recent state takeover, as well as the securitization of the income stream provided by way of the recently enacted Casino Property Stabilization Act.