Nat Abramowitz has worked on transactions in Mexico, the Caribbean, Africa, Asia and Europe, as well as in the United States. He has handled matters such as financings for power generation and distribution facilities, transportation facilities, including airport facilities, roads, railroads, tunnels, bridges and light rail systems, parking facilities, sports facilities, paper facilities, healthcare facilities and housing facilities. He has represented banks, financial institutions and other parties in project finance transactions, municipal finance transactions (including structures involving public-private partnerships (P3)) and transactions involving sovereign loans, swaps, guaranteed investment contracts, bond insurance, liquidity instruments, letters of credit, participations and mergers. He has been involved in workouts, bankruptcies and lender liability matters.
Admitted to practice in New York and the District of Columbia, he is a member of the American and New York State Bar associations, The Association of the Bar of the City of New York and The District of Columbia Bar.
Mr. Abramowitz is a 1975 graduate of Fordham University School of Law and a graduate of Fordham University.
Represented StoneMor Inc. in its sale of $400 million in senior secured notes to Jefferies LLC as initial purchaser in a Rule 144A private placement transaction; the notes were guaranteed by more than 125 StoneMor subsidiaries operating in 24 states and Puerto Rico.
- Counsel to the concessionaire in the historic Pennsylvania Rapid Bridge Replacement Public-Private Partnership, which entails nearly $1 billion in financing, the rebuilding of almost 600 structurally deficient, non-tolled bridges throughout the Commonwealth, and the operation and maintenance of those bridges for 25 years over the course of repayment.
- Bond counsel to a New York issuer in its negotiations with letter-of-credit providers to secure $1.5 billion in subordinate electric revenue bonds, the proceeds of which were used to fund the issuers acquisition of a major investor-owned utility on Long Island.
- Bond counsel to a multibillion-dollar transportation system in the New York area consisting of three independent public benefit corporations; created unique financing structures that remained in place 20 years later.
- Counsel to a major New York investment bank with regard to its underwriting of approximately $460 million in rum tax-based Virgin Islands Public Finance Authority Revenue bonds.
- Bond counsel to a Puerto Rican issuer in connection with approximately $450 million in hotel occupancy tax revenue bonds.
- Counsel to the underwriters with regard to a $400 million passenger terminal at John F. Kennedy Airport, including analysis of complex lease, partnership and support agreements.
- Counsel to a major New York underwriter in a solid waste transaction in connection with a $300 million solid waste project in the Philadelphia region, including negotiation with the letter-of-credit bank, the potential equity provider, the contractor, the developer and the issuer.
- Counsel to a New York investment bank with regard to a $250 million cogeneration project at John F. Kennedy Airport to provide electricity and heating/cooling for various airport facilities.
- Counsel to a Swiss investment bank with regard to its underwriting of approximately $220 million in gross receipts tax-based Virgin Islands Public Finance Authority Revenue Bonds.
- Counsel to French banks in connection with $140 million in solid waste project bonds in Minnesota, including negotiation with the developer, the issuer and the underwriter.
- Bond counsel to the issuer with respect to $120 million in waste paper revenue bonds for a New York waste-paper-to-cardboard facility.
- Counsel to the San Luis Water District in connection with $13 million in certificates of participation.
- Counsel to a major New York investment bank with regard to its underwriting of $94 million in rum tax-based Virgin Islands Public Finance Authority Revenue bonds.
- Counsel to a major New York underwriter with regard to $55 million in resource recovery revenue bonds. Used an innovative structure to finance a waste-to-energy facility in Georgia for which the primary energy product was steam for the manufacture of white paint and the secondary energy product was electric energy.
- Counsel to a New York investment bank in connection with $45 million in water and wastewater system revenue bonds in the financing (and later refinancing) of a combined water and wastewater system in a developing county near Atlanta.
- Counsel to a bond insurer in connection with several bond transactions, including: a $28.875 million bond financing by a Los Angeles municipal authority; a $28.7 million bond financing by a senior housing facility in San Diego; and a $27 million bond financing by a Nevada university.
- Counsel to a major French financial institution in connection with $12.3 million mezzanine loan financing for a biotech facility at a major research university in North Carolina.
- New York
- Fordham University School of Law, J.D., 1975
- Duane Morris LLP
- Partner, 1999-present
- Hawkins, Delafield & Wood, New York, New York
- Partner, 1998-1999
- Of Counsel, 1995-1997
- Mudge Rose Guthrie Alexander & Ferdon, New York, New York
- Partner, 1983-1995
- Associate, 1975-1982
- American Bar Association
- New York State Bar Association
- The Association of the Bar of the City of New York
- The District of Columbia Bar
Honors and Awards
- Named a "Clean Tech Star" by Legal Media Group, 2013
- AV Preeminent® Peer Review Rated by Martindale-Hubbell®
Selected Speaking Engagements
Speaker, "Important Topics in Construction and Government Contracting: P3 Financing," The Seminar Group, The American Hotel Atlanta Downtown, Atlanta, Georgia, October 10, 2018
- Panelist, "Unique Financing Options for Infrastructure Investment," State Financing Public & Private Construction in Today's Economy - Driving Development in New York State, ENR NY and Associated General Contractors New York State Conference, February 29, 2012
- Panelist, "Trends and New Deal Structures: What Lies Ahead," Duane Morris Municipal Finance Webinar, March 22, 2011
- Speaker, "Innovations in Project Delivery and Financing for Surface Transportation Infrastructure," Transportation Research Board 85th Annual Meeting, January 22-26, 2006