Sani Williams has specialized in public finance law for more than 15 years, having served as bond counsel, underwriters’ counsel and disclosure counsel in connection with tax-exempt and taxable municipal financings by various governmental entities in several states, the Commonwealth of Puerto Rico and Washington, D.C. Mr. Williams has worked on transactions aggregating in the tens of billions of dollars, and his work encompasses a variety of financing structures, including revenue and general obligation bonds, certificates of participation, credit/liquidity facilities, “P3” public/private partnerships, federal infrastructure loans and short term cash flow borrowings and direct bank purchases
Included among the facilities financed by these transactions are stadiums and arenas, convention centers, airport and transportation systems, projects for not-for-profit corporations, institutions of higher learning, hospitals, public power, and water and sewer distribution facilities. In addition, Mr. Williams has worked on a variety of economic development transactions throughout the United States, including public parking systems, arenas and stadiums, downtown development projects, tax increment financing plans and economic development projects, all of which have supported the creation of thousands of jobs, small businesses, and housing units, as well as expanding the tax base of numerous local governments.
Since the global financial crisis began in 2008, Mr. Williams has been an active participant in numerous refundings and restructurings of municipal debt affected by the unprecedented and continuous market disruption thereby assisting governmental clients in mitigating the adverse effects of ongoing market uncertainty.
- Currently serves as bond counsel to the State of Connecticut in connection with its general obligation bond program and State Revolving Fund bond program.
- Currently serves as bond counsel to the City of St. Louis in connection with its St. Louis-Lambert International Airport financings.
- For the past several years, Mr. Williams has served as bond counsel and underwriters’ counsel for several years in connection with numerous 501(c)(3), personal income tax, mental health facility and workers’ compensation financings by the Dormitory Authority of the State of New York (DASNY)(one of the largest debt issuers in the United States), and has previously served as bond counsel to DASNY in connection with financings for 501(c)(3) institutions, including New York University and Memorial Sloan-Kettering Cancer Center.
- Served as bond counsel, underwriters’ counsel and disclosure counsel in connection with various financings by the District of Columbia, including general obligation and income tax-secured debt, transportation infrastructure, economic development, and short-term borrowings.
- Served as bond counsel to the New York City Municipal Water Finance Authority for several years on a wide array of financings including new money issues, refundings, cross-over refundings, multiple commercial paper programs (including “extendable” municipal commercial paper), cash defeasances, and derivative products.
- Served as bond counsel and underwriters’ counsel in connection with financings by the New York State Housing Finance Agency, and served as bond counsel to the District of Columbia Housing Finance Agency.
- Served as bond counsel on refundings which were part of a 2009 overall $1 billion restructuring plan of appropriation-backed public authority debt by the State of New Jersey’s Office of Public Finance.
- Served as co-disclosure counsel for The City of New York from 2006-2009 on transactions aggregating over $10 billion.
- Served as bond counsel and underwriters’ counsel in connection with the following stadium financings: Gillette Stadium - NFL New England Patriots, Ralph Wilson Stadium - NFL Buffalo Bills, Edward Jones Dome at America’s Center – NFL St. Louis Rams and the Carrier Dome – Syracuse University.
- Served as lender’s counsel to the United States Department of Transportation with respect to its $140 million federal loan/line of credit in connection with the construction/operation of SR-125 toll road in San Diego, California; the first federal highway “P3” project (federal credit assistance alongside substantial private equity and bank loans) financed in the United States.