Strasburg, Diana R.

David Kates practices primarily in the area of public finance, with a particular emphasis on tax-exempt and taxable financings for nonprofit health care entities. He has worked as bond counsel, underwriter's counsel, issuer's counsel, borrower's counsel, restructuring counsel, and purchaser's counsel in both tax-exempt and taxable health care transactions. These transactions have entailed a wide variety of document structures, including multimodal transactions, imbedded derivatives, forward commitments, and swaps. David also has represented providers of derivative products, including guaranteed investment contracts, interest rate swaps, repurchase agreements, and forward delivery agreements.

Representative transactions include: $239,415,000 Illinois Finance Authority Revenue Bonds, Series 2009 (The Carle Foundation); $316,000,000 Illinois Finance Authority Revenue Bonds, Series 2009 (Provena Health); $93,165,000 South Carolina Jobs-Economic Development Authority Variable Rate Demand Hospital Refunding Revenue Bonds (Palmetto Health), Series 2008; and $109,025,000 The Industrial Development Authority of the City of Yuma, Arizona Hospital Revenue Refunding Bonds (Yuma Regional Medical Center), Series 2008.

David is a frequent lecturer at national conferences on issues related to tax-exempt bond financings and bond compliance. He is a member of the National Association of Bond Lawyers.