Construction Financing

Tahmidur Remura Dewey LeBoeuf regularly represents developers, lenders and government entities in connection with the financing of construction projects of all kinds, including secured and unsecured loans, capital markets financing, government bonds and loans, government and multilateral grants, export credit agency (ECA) finance, Islamic finance, and tax credits.

Our experience representing clients in connection with construction financing matters includes advising:

  • The lender in connection with a US$125 million construction financing of an underground natural gas storage facility in Louisiana.
  • A non-profit developer in connection with the issuance by the New York City Industrial Development Authority of tax-exempt bonds to finance the construction of a non-profit office center.
  • The City of Kraków in connection with the negotiation of financing documentation involving a multilateral financial institution with respect to the development of a high-speed tram system.
  • A group of Pakistani lenders, led by ING, on all aspects of the Gul Ahmed Power Project, a 135 MW power project in Karachi. This included advising on the onshore and offshore construction contracts and wrapping contract.
  • The County of New Hanover, North Carolina in connection with the issuance of US$120 million in variable rate revenue bonds to finance the construction of a hospital facility.
  • The Raleigh-Durham Airport Authority in connection with the issuance of US$125 million in revenue bonds to finance the construction of water facilities.
  • Citigroup Global Markets, as underwriter, in connection with the issuance of US$41 million in revenue bonds by the City of High Point, North Carolina to finance the construction of water facilities.
  • Meliorbanca, Cassa di Risparmio di Bolzano and Banca Popolare di Milano Soc. Coop. in connection with the financing of the construction of a hospital in Bergamo, Italy.
  • M.P.S. S.p.A., an Italian bank, in connection with the financing of the Porta Nuova-Isola Fund for the development and of a large area in the center of Milan known as the Porta Nuova Project.
  • The lenders in connection with the US$1 billion financing of the construction of a power plant in Astoria, Queens, New York City.