Freshfields Advises Underwriters on Pricing of OceanFirst $185m Subordinated Notes Offering

"Freshfields advised underwriters Piper Sandler & Co. and Keefe, Bruyette & Woods, Inc. in connection with OceanFirst Financial Corp.’s SEC-registered offering of $185 million 6.375% fixed-to-floating rate subordinated notes due 2035. OceanFirst will use proceeds to repay debt, support subsidiary growth and for general corporate purposes."

Freshfields advised the underwriters Piper Sandler & Co. and Keefe, Bruyette & Woods, Inc. in connection with an SEC-registered offering by OceanFirst Financial Corp. The transaction comprised an offering by OceanFirst Financial Corp. (Nasdaq: OCFC) of $185 million aggregate principal amount of 6.375% Fixed-to-Floating Rate Subordinated Notes due 2035. OceanFirst intends to use the net proceeds to repay existing indebtedness, to support growth initiatives at its subsidiaries and for general corporate purposes. OceanFirst Financial Corp. is the holding company for OceanFirst Bank N.A., a regional bank serving business and retail customers throughout New Jersey and the major metropolitan areas between Massachusetts and Virginia. Freshfields represented the underwriters Piper Sandler & Co. and Keefe, Bruyette & Woods, Inc. with a team composed by: partner Chris DeCresce, senior associate Abbey MacDonald and associate Mila Amstislavskaya.

Freshfields Advises Underwriters on Pricing of OceanFirst $185m Subordinated Notes Offering

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads