Randall Towers
Randall Towers

Randall J. Towers

Partner

towers@ballardspahr.com
Tel 215.864.8522
Fax 215.864.8999
Philadelphia

Randall J. Towers counsels public and private clients in mergers, acquisitions and divestitures, leveraged leasing transactions, corporate and project finance, national and international distribution, and general business law. He is experienced in project and energy financing and public finance, where he regularly serves as underwriter's counsel and bond counsel in connection with conduit municipal revenue bond transactions and taxable corporate debt deals. He has substantial experience in the electric industry. Mr. Towers has spent his entire legal career at Ballard Spahr. 

Mr. Towers is a member of Ballard Spahr's Elected Board and Chair of the firm's Opinion Committee.

Representative Matters

  • Served as underwriters' counsel, remarketing agents' counsel and bond counsel in connection with the issuance, refunding, and remarketing of more than $3 billion of pollution control/exempt facilities and other debt for a number of investorĀ­ owned utility companies, waste management companies, and manufacturing companies over the past two years
  • Served as underwriters' counsel in connection with a Rule 144A offering of $1 billion of senior unsecured notes for the holding company of two regulated electric transmission  companies
  • Served as underwriters' counsel in connection with Rule 144A offerings of $450 million in senior unsecured notes for two related electric utilities
  • Served as solicitation agent's counsel in connection with a consent solicitation of $1.5 billion of tax-exempt bond
  • Served as underwriters' counsel in connection with a Rule 144A offering of $500 million in senior unsecured notes for an electric utility
  • Served as underwriters' counsel in connection with a Rule 144A offering of $1 billion of first mortgage bonds issued by an electric utility
  • Served as underwriter's counsel in connection with a public offering of $250 million of senior unsecured notes issued by a gas utility company
  • Represented large institutional purchasers in their private placement purchase of $240 million of secured senior notes from a Midwestern electric cooperative
  • Represented the leading U.S. EB-5 syndicator in connection with alternative secured funding for a marine project in Staten Island, New York
  • Represented a regional port authority in connection with its proposed P3 financing of a marine terminal facility
  • Represented the Commonwealth of Pennsylvania in connection  with the proposed privatization of the Pennsylvania Turnpike
  • Represented an industrial manufacturer in all aspects of its worldwide distribution 

Professional Activities

American Bar Association
Pennsylvania Bar Association
National Association of Bond Lawyers
Ballard Spahr's Opinion Committee and Hiring Committee

Board Memberships

Abington Art Center, a regional art center offering education and community outreach programs, exhibitions, and concerts

ArcheDream for Humankind, a nonprofit performance arts organization dedicated to education about the needs of underserved populations through entertainment

Widener University School of Law (J.D. 1989, magna cum laude)
Editor, The Delaware Journal of Corporate Law; Author, "Copiat vs. United States: The Grey Market Gets Greyer," 14 Del. J. Corp. L. 108, 1988

St. Joseph's University (B.S. 1985)

Pennsylvania