William  T. Benzing III philadelphia

William T. Benzing III



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.

Professional Affiliations

  • National Association of Bond Lawyers
  • Pennsylvania Association of Bond Lawyers
  • Philadelphia Bar Association

Community Involvement

  • VITA Tax Clinic volunteer, 2009-present

Awards and Recognition:

  • Selected for inclusion in Pennsylvania Super Lawyers Rising Stars (2013 – 2016)

News and Insights

Media Coverage

Speaking Engagements

  • “The Basics of Swap Risk and Documentation,” presenter, Pennsylvania Bar Institute, 2012.
  • Pennsylvania Association of Bond Lawyers, 2012.