Stradling

More than 30 years of experience developing financing strategies for cities, counties, and public agencies throughout California has placed Kevin Civale at the heart of many of the state’s largest and most significant municipal financings. Whether he is acting as bond counsel, disclosure counsel or underwriters' counsel in financings for airports, public power facilities, sewer or water treatment plants, sports arenas or general government buildings, Kevin employs the right combination of securities law knowledge, deal savvy and innovation to address the unique challenges large government financings present. Though he and his team are recognized for their depth of experience in nearly every type of financing undertaken by a public agency in the state, he knows that beyond technical expertise, ultimate success rests in his client’s ability to understand the long-term financial and legal obligations of the transaction.

Issuers and underwriters alike rely on Kevin’s insight as disclosure counsel to execute a bond issue with disclosure documents that withstand increasingly stringent SEC scrutiny. He currently serves as co-disclosure counsel to the state in issuing general obligation and lease revenue bonds to fund some of the state’s most pressing infrastructure projects involving roads, water and sewer facilities and schools. His reputation has earned the trust of underwriters who seek his counsel to finance multiple airport expansion and renovation projects across the state, including billions of dollars in financings for Los Angeles International Airport.

Before he joined Stradling, he helped the California Department of Water Resources address California’s energy crisis by serving as bond counsel in connection with the issuance of $11.3 billion in power supply revenue bonds in the largest municipal bond transaction of its kind at the time.

Some other highlights of Kevin’s career include:

Representing the City of Sacramento as disclosure counsel, Kevin played a major role in a complex financing in which the City and the Kings each provided 50% of construction costs to build Golden 1 Center, a state-of-the-art NBA facility that serves as a hub of significant economic development for the city.

For more than a decade the state of California has relied on Kevin and his team to act as disclosure counsel for their general fund-backed bonds, ensuring compliance with all federal securities laws as the state transitioned from a $26 billion deficit in 2009 to a current surplus of $18 billion.

Over the last five years, Kevin and his team have represented the underwriters in virtually all of the bond issuances for Los Angeles International Airport which account for billions of dollars in financings for major upgrades and improvements. Kevin has worked as Disclosure Counsel or counsel to the underwriters on transactions for other major airports in the state, including Sacramento, Long Beach, Burbank, Ontario, San Diego and Orange County.

Issuers and underwriters alike rely on Kevin’s insight as disclosure counsel to execute a bond issue with disclosure documents that withstand increasingly stringent SEC scrutiny. He currently serves as co-disclosure counsel to the state in issuing general obligation and lease revenue bonds to fund some of the state’s most pressing infrastructure projects involving roads, water and sewer facilities and schools. His reputation has earned the trust of underwriters who seek his counsel to finance multiple airport expansion and renovation projects across the state, including billions of dollars in financings for Los Angeles International Airport.

Before he joined Stradling, he helped the California Department of Water Resources address California’s energy crisis by serving as bond counsel in connection with the issuance of $11.3 billion in power supply revenue bonds in the largest municipal bond transaction of its kind at the time.

Some other highlights of Kevin’s career include:

Representing the City of Sacramento as disclosure counsel, Kevin played a major role in a complex financing in which the City and the Kings each provided 50% of construction costs to build Golden 1 Center, a state-of-the-art NBA facility that serves as a hub of significant economic development for the city.

For more than a decade the state of California has relied on Kevin and his team to act as disclosure counsel for their general fund-backed bonds, ensuring compliance with all federal securities laws as the state transitioned from a $26 billion deficit in 2009 to a current surplus of $18 billion.

Over the last five years, Kevin and his team have represented the underwriters in virtually all of the bond issuances for Los Angeles International Airport which account for billions of dollars in financings for major upgrades and improvements. Kevin has worked as Disclosure Counsel or counsel to the underwriters on transactions for other major airports in the state, including Sacramento, Long Beach, Burbank, Ontario, San Diego and Orange County.

Credentials

Fordham Law School, J.D., 1984
Boston College, B.A., 1981

California
New York

Kevin M. Civale

Experience

Credentials

Related Practices