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Barclay Damon represents Buffalo Sewer Authority in award-winning $49.2M issuance of sewer system environmental impact revenue bonds
POSTED DECEMBER 9, 2021
The national publication Bond Buyer named Buffalo Sewer Authority, a Barclay Damon client, as the winner of the Bond Buyer 2021 Deal of the Year Award in the Small Issuer Financing category, and now the firm’s client has scored a second honor for the same deal. It has been named Green Bond of the Year—US Muni Bond by Environmental Finance. Barclay Damon represented Buffalo Sewer Authority in the award-winning $49.2 million issuance of sewer system environmental impact revenue bonds. Proceeds are implementing green infrastructure projects to reduce the runoff of sewage, suspended solids, nitrogen, and phosphorus into the adjacent Niagara River and Lake Erie. Sharon Brown, co-leader of the firm’s Public Finance Practice Area, and former partner Tim Cashmore, now retired from Barclay Damon, co-led our team to represent the authority in this transaction.