A pro bono team from Wilson Sonsini recently represented The Nature Conservancy in its issuance and sale of $135 million aggregate principal amount of taxable bonds, Series 2021A, in tranches with various maturities and interest rates. The proceeds will be used to refund the organization’s variable rate Series 2002A and Series 2012 bonds, terminate the associated swaps, and pay costs of issuance. The transaction closed on February 1, 2021.

Founded in 1951, The Nature Conservancy is a global environmental nonprofit working to create a world where people and nature can thrive. Its mission is to conserve the lands and waters on which all life depends.

The Wilson Sonsini pro bono team representing The Nature Conservancy in the matter included Michael Occhiolini and Michael Rosati.