Public Finance

Bass, Berry & Sims has long been a preeminent public finance and economic development law firm in Tennessee with experience that extends across the Southeast.

Closing more than 400 transactions valued at a combined total $10.5 billion over the past three years, our clients benefit from unique insight, efficient service and subject-matter knowledge earned from thousands of transactions and decades of leadership in public finance.

We represent local governments, nonprofits and financial institutions, serving as bond counsel, underwriters and disclosure counsel in the full-range of public financing matters, including:

  • Government finance.
  • Economic incentives.
  • 501c3 financings.
  • Affordable housing.
  • Public finance investment banking and commercial banking.
  • Post-issuance tax and securities law compliance.
  • We represented Shelby County Schools (SCS) Board in a transaction to secure funding bringing laptop computers to nearly 95,000 students in the District. By providing nearly 95,000+ new devices and WiFi access to students in the District, each student will have the proper materials to participate in online learning this year. Students are scheduled to have a laptop or tablet by November 2020. The investment in students, which was announced on June 16, is historic step for the District in bridging the digital divide and builds upon the ongoing Equity in Action Plan, which aims to ensure all students have the same access to academic supports.

    COVID-19 highlighted the lack of internet access and technology for many students and families in Memphis, Tennessee. This deal is part of a broader $37 million plan to enable all students to learn online.  The transaction was formed through a lease-purchase agreement with Microsoft and Hewlett Packard. The funding included federal coronavirus relief dollars through the CARES Act Fund, as well as government bonds from Shelby County and the City of Memphis.

    We represented Shelby County Schools (SCS) Board in a transaction to secure funding bringing laptop computers to 95,000+ students in...
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  • Representation of Twin River Worldwide Holdings, Inc. (NYSE: TRWH) in its acquisition of the operations and real estate of Isle of Capri Casino and Lady Luck Casino from Eldorado Resorts, Inc. (Nasdaq: ERI), in a cash transaction for $230 million

    We represented Twin River Worldwide Holdings, Inc. (NYSE: TRWH) in its acquisition of the operations and real estate of Isle...
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    Client Type: Public Company
  • We represented Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) in its investment in Denver-based Punch Bowl Social, an award-wining experiential food and beverage concept.

    We represented Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) in its investment in Denver-based Punch Bowl Social, an award-wining...
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    Client Type: Public Company
  • Represented Southern Properties, Inc. in obtaining approval for up to $96.4 million in tax increment financing (TIF)

    We represented Southern Properties, Inc. in obtaining approval for up to $96.4 million in tax increment financing (TIF) funds to...
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    Client Type: Private Company
  • Represented the Poplar Corridor Business District Association of Owners in obtaining approval for use of tax increment financing (TIF) funds estimated to exceed $80 million

    We represented the Poplar Corridor Business District Association of Owners in obtaining approval for use of tax increment financing (TIF)...
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    Client Type: Nonprofit
  • Served as co-disclosure counsel to the City of Memphis in the offering of approximately $70 million in sewer bonds

    We served as co-disclosure counsel to the City of Memphis in the offering of approximately $70 million in sewer bonds....
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    Client Type: Government
  • Served as bond counsel to LHP Capital, LLC in three tax exempt financings relating to the rehabilitation of three low-income housing facilities located in Nashville

    We served as bond counsel to LHP Capital, LLC for three tax exempt financings relating to the rehabilitation of the...
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    Client Type: Private Company
  • Served as bond counsel to Ballad Health for a $950 million bond issue to finance new healthcare facilities and refinance certain existing debt

    We served as bond counsel to Ballad Health for a $950 million bond issue to finance new healthcare facilities and...
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    Client Type: Nonprofit
  • Served as bond counsel to the Tri-Cities Airport Authority in connection with its $8.5 million public bond offering

    We served as bond counsel to the Tri-Cities Airport Authority in connection with its $8.5 million public bond offering, the...
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    Client Type: Government
  • Represented cities and counties across Tennessee on more than 200 general obligation bond transactions valued at a combined total of approximately $4.5 billion

    Over the past three years, we have represented cities and counties across Tennessee on more than 200 general obligation bond...
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    Client Type: Government
Lillian M. Blackshear
Member
Austin C. Brown
Associate
G. Mark Mamantov
Member
Russell A. Miller
Member
James Polk Moneyhun, Jr.
Member
Jordana Katz Nelson
Senior Public Finance Attorney
Jeffrey A. Oldham
Member
Alexandrea R. Samber
Associate
Keith B. Simmons
Member (retired)