Dentons public finance lawyers from multiple offices recently provided critical legal services on one of the largest public-private transportation projects in US history: the US$4 billion redevelopment of New York City’s LaGuardia Airport.

On June 1, the Port Authority of New York and New Jersey and its developer, LaGuardia Gateway Partners, closed a bond financing for more than US$2.4 billion with Dentons acting as co-disclosure counsel on the transaction. As part of the transaction, the Firm’s client, New York Transportation Development Corporation, issued its Special Facilities Bonds to finance the project, which includes plans for a new 35-gate central terminal building, central hall and connecting concourse, with substantial completion slated for 2022.

“This landmark deal places Dentons in a great competitive position in the growing area of infrastructure bond financing,” said New York Corporate Partner Jon Ballan, who led the multi-office team. Other members included New York Corporate Counsel Robert Owen Senzer and Atlanta Corporate Counsels Joseph Krolikowski and Laurie Schwartz