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Simpson Thacher Represents Underwriters in $90 Million Subordinated Notes Offering by EverBank Financial Corp

04.08.16

The Firm represented the underwriters Incapital LLC and U.S. Bancorp Investments, Inc. in connection with the registered public offering of $90 million aggregate principal amount of 6% Fixed-to-Floating Rate Subordinated Notes due 2026 by EverBank Financial Corp.

EverBank Financial Corp (NYSE: 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 $26.6 billion in assets and $18.2 billion in deposits as of December 31, 2015.

The Simpson Thacher team included Lesley Peng, Sung Bum Cho and Edward Bersuder (Capital Markets); Mark Chorazak and Spencer Sloan (Bank Regulatory); Jonathan Cantor and George Davis (Tax); Greg Grogan, Jennifer Pepin and Holly Gurian (Executive Compensation and Employee Benefits); and Andrew Pagliughi (FINRA and Blue Sky).