Butler Snow Guides $377M Bond Deal For Braves Stadium

Law360, New York (September 11, 2015, 1:00 PM EDT) -- Cobb County, Georgia, assisted by bond counsel Butler Snow LLP, has closed a $376.6 million bond transaction to help build a new stadium for Major League Baseball's Atlanta Braves, with a $672 million budget, according to the county.

A rendering of the Atlanta Braves' proposed SunTrust Park in Cobb County, Georgia. (Credit: Braves) The Cobb Board of Commissioners voted 5-0 on Tuesday to clear the way for the closing of the transaction on Wednesday, the county government said in a statement. At the time of the closing, the Braves were set to receive about $103 million in reimbursement for costs that...

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