John F. Cannon is chair of Stradling's Securities Litigation and Enforcement practice group and a member of the firm's Board of Directors. He is the former chair of the Litigation department and a former Executive Committee member.
Represented Citigroup Global Markets Inc. as underwriters for the first “green bonds” issued by King County, Washington. The principal amount of Limited Tax General Obligation Bonds, 2017 Series A (Green Bonds) was $31,230,000.
On February 22, 2017, Rocketship Education and its affiliate, Launchpad Development Company, closed simultaneous issues of charter school revenue bonds in California, Wisconsin, and Tennessee, each underwritten by Stifel, Nicolaus & Company, Incorporated.
On September 28, 2016, the City of Bremerton, Washington, closed its $7,855,000 Water and Sewer Revenue Bonds, 2016.
On September 8, 2016, the Port of Tacoma closed $110,260,000 Limited Tax General Obligation Refunding Bonds, 2016A (Non-AMT), $36,535,000 Revenue Refunding Bonds, 2016A (Non-AMT), and $103,555,000 Revenue and Refunding Bonds, 2016B (AMT).
Acted as underwriter’s counsel to Citigroup Global Markets Inc. in financings involving a blend of Mello-Roos and tax increment and rental revenues in a financing done for the California State University’s newest campus at Channel Islands.
Served as underwriter’s counsel to Citigroup Global Markets Inc. in a financing for the Mission Bay project in San Francisco that involved a pledge of letter of credit revenues, tax increment revenues, and special tax revenues.
Successfully represented the sole underwriter in a $14.35 million issuing of special tax refunding bonds by the County of Los Angeles.
Served as Underwriter’s Counsel to Goldman Sachs & Co and De La Rosa in structuring the inaugural credit for Bay Area Water Supply and Conservation Agency (BAWSCA) on behalf of its 26 members who purchase wholesale water from the San Francisco Public Utilities Commission (SFPUC).