Insights from Q2 Capital Transactions and Preparation for Q3

    View Author July 2020

    Since the outbreak of the COVID-19 pandemic in the US, our US Financial Services Capital Markets team advised financial institutions (or their underwriters) in over 30 capital transactions with an aggregate deal value of over US $12 billion. These transactions included public offerings and private placements of Tier 1 qualifying preferred stock, Tier 2 qualifying subordinated debt and even senior debt. Issuers ranged from the largest super-regional bank holding companies to privately held community banks.

    We thank our clients for their support and confidence during this critical time and share a few observations that we hope will help potential issuers in Q3, particularly community and smaller regional banks who do not frequently access the capital markets.

    Please contact the lawyers listed in this publication for additional information.