The Firm represented the underwriters, led by Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, UBS Securities LLC and Goldman, Sachs & Co. as joint book-running managers, in connection with a public offering of 6,000,000 depositary shares, each representing a 1/1,000th interest in a share of 6.75% Series A Non-Cumulative Perpetual Preferred Stock, $0.01 par value per share, with a liquidation preference of $25,000 per share, of EverBank Financial Corp. The offering closed on November 13, 2012.
EverBank Financial Corp. (NYSE symbol: EVER), through its wholly-owned subsidiary EverBank, provides a diverse range of financial products and services directly to clients nationwide through multiple business channels. Headquartered in Jacksonville, Florida, EverBank had $16.5 billion in assets and $11.8 billion in deposits as of September 30, 2012. With an emphasis on value, innovation and service, EverBank offers a broad selection of banking, lending and investing products to consumers and businesses nationwide. EverBank provides services to customers through the internet, over the phone, through the mail and at its Florida-based financial centers.
The Simpson Thacher team included Lee Meyerson, Lesley Peng, Joia Lee, Yue Zhang and Joseph Ronca (Capital Markets); Stacie McGinn and Mark Chorazak (Bank Regulatory); Jonathan Cantor and Beatrice Larkin (Tax); Greg Grogan and Jennifer Pepin (Executive Compensation and Employee Benefits); and Andrew Pagliughi (FINRA and Blue Sky).