Venable advises on $102.8 million MEDC Port Facilities Refunding Revenue Bonds transaction

On September 28, 2010, Venable client Stifel, Nicolaus & Company, Inc. underwrote the purchase and distribution of Maryland Economic Development Corporation Port Facilities Refunding Revenue Bonds (CNX Marine Terminals Inc. Port of Baltimore Facility) Series 2010 totaling more than $102.8 million. The Bonds refinanced CONSOL Energy's coal exporting terminal near the Ft. McHenry Tunnel. Venable attorneys Davis Sherman, Walter Calvert, Eric Smith and Uyen Pham advised the client on the matter.