KAY McNAB

KAY McNab is a partner in the Chicago office of McGuireWoods, and is chair of the firm’s Public Finance Department. She focuses her practice on public finance and lending. She has significant experience in representing banks and other financial institutions in public offerings and private placements of debt, in addition to secured lending and structured finance.

McNab has been named 2022 Lawyer of the Year in Chicago Banking and Finance by The Best Lawyers in America, which also noted her excellence in banking and finance and public finance across the United States. She has also been honored by her peers as a Leading Lawyer in the areas of Banking and Financial Institutions Law, Public Finance Law and Secured Transactions Law by the Leading Lawyers Network for the last 10 years.

Over the course of her career, McNab has worked in the banking and public finance areas. She has extensive experience in acting as counsel to both domestic and foreign banks providing credit and liquidity support for tax-exempt financings for municipal, healthcare and non-profit borrowers, as well as counsel to such banks in purchasing such obligations directly.

McNab has represented commercial banks in structuring secured and unsecured transactions, including revolving and term loan facilities. In addition, she actively represents underwriters and remarketing agents in public offerings and private placements of debt.

Her experience includes representation of a bank group providing line of credit facility for the state of Illinois; representation of bank group members providing lending and hybrid liquidity facilities with commitments aggregating approximately $2 billion to support one of the nation’s largest non-profit health systems; and representation of banks and other financial institutions in direct purchases of over $2 billion of bonds issued to finance senior living facilities across the county.

McNab earned a BA from the University of Illinois at Urbana-Champaign, and a JD, Order of the Coif, from the University of Illinois College of Law.

A mother of two sons, McNab traces her Irish lineage four generations back to Woodford, Co. Galway.