NEW YORK – June 14, 2024 – Global law firm Greenberg Traurig, LLP represented the purchasers of a $97,385,000 tax-exempt bond offering by Plaquemines Port, Harbor and Terminal District that closed June 6. The proceeds were lent to NOLA Terminal LLC, a ship terminal at Mile 59 on the Mississippi River, south of New Orleans. Proceeds were used to finance or refinance costs of the acquisition, construction, and equipping of port facilities; to refinance certain outstanding indebtedness of NOLA Terminal; and to establish reserves, among other purposes.
The Greenberg Traurig team was led by Public Finance & Infrastructure Shareholder Carl McCarthy, with assistance from Real Estate Of Counsel Jason E. Merritt, Corporate Shareholder Jonathan Bell and Associate Kyle C. Ffrench regarding Ship Mortgage Act vessel security interests, and Government Contracts Shareholder Mike Gardner on marine industrial matters.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.