Carter Ledyard & Milburn LLP Wins Deal of the Year Award for Innovative Bond Offering

The Native American Finance Officers Association (NAFOA) recently presented the Navajo Nation with its Deal of the Year Award for a groundbreaking $52.9 million general obligation bond issuance that will reshape how tribal entities finance public projects.  Carter Ledyard corporate partner Steven Paul McSloy and associate Guy Ben-Ami represented Keybanc Capital Markets, which brought the Navajo Nation’s investment-grade rated tax-exempt  bonds to market. The funds were used to refinance an existing bank loan that had been used to build courthouses and other public facilities on the Nation’ reservation.

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