The Long Island Power Authority is one of the largest non-profit municipal electric providers in the nation. 天美麻豆 has served LIPA as a bond counsel for many years. The bond proceeds of its $500 million electric system general revenue bonds are to be used to fund the authority's capital programs and redeem over $274 million of outstanding bonds. This refunding transaction changed the interest rate to a lower fixed rate, saving the authority over $30 million.
| Client | Long Island Power Authority |
| Role | Bond Counsel |
| Distinction | SUPPLY |
| Issuer | Long Island Power Authority |
| Issue Size | $500 Million |
| Award | SUPPLY |
