William T. Benzing III

Overview

Bill Benzing serves as bond counsel, underwriter’s counsel, and borrower’s counsel for a variety of public finance transactions, including general obligation bonds, revenue bonds, single and multi-family housing bonds, and 501(c)(3) bonds. He also represents financial institutions in the implementation of derivative transactions such as interest rate swaps.

Representative Matters

• Represented as bond counsel a municipal authority in refunding all of its outstanding debt and drafting a new trust indenture to replace and modernize its 70-year-old bond authorization documents.
• Served as co-purchaser’s counsel in multiple student loan note transactions aggregating over $1.5 billion.
• Served as underwriter’s counsel to various top underwriting firms in public offerings, private placement, and Rule 144A transactions.
• Served as borrower’s counsel for Michigan Finance Authority Limited Obligation Revenue Refunding Bonds (Thomas M. Cooley Law School Project) in the amount of $65.5 million.
• Represent as counsel a national banking association in various swap transactions, including novations, fixed and floating rate swaps, foreign exchange, caps, terminations, and swaptions.