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For information contact:
            Robert H. Long, Jr.
717.255.7624
rhlong@thomaslonglaw.com

Thomas Long Serves as Bond Counsel in $15 Million Financing

HARRISBURG, Pa. — April 30, 2009 — Thomas, Long, Niesen & Kennard is pleased to announce the firm’s recent closing, as bond counsel, for the Shippensburg Borough Authority’s (Cumberland and Franklin Counties) $15,000,000 water project financing.  Proceeds from the issuance of the $15,000,000 Guaranteed Water Revenue Notes, Series of 2009, will be used to provide long-term and interim financing for improvements to the Authority’s water system, as well as to retire existing, outstanding debt of the Authority. 

Robert H. Long, Jr., Senior Municipal Bond Attorney and leader of the firm’s Public and Municipal Finance Practice Group, and Charles E. Thomas, III led the Thomas Long team in preparing and concluding the transaction, which closed on March 30, 2009. 

About Thomas Long

Thomas Long is a full-service Harrisburg-based law firm carefully crafted to meet and focus upon all of the legal challenges facing municipal and privately-owned clients.  The firm maintains an extensive major practice area in public and municipal finance.  In addition to public and municipal finance work, the firm’s attorneys are also leading practitioners in corporate, public utility, gaming, commercial litigation, fidelity/surety and construction law, as well as securities regulation, products liability, estate planning and trusts, mergers and acquisitions, general civil litigation and appellate practice.  For more information, please visit the firm’s web site at http://www.thomaslonglaw.com.