JPMorgan Chase’s $1.7 Billion Depositary Shares Offering

Cravath represented the underwriters, led by J.P. Morgan Securities, in connection with the $1.7 billion offering of depositary shares representing preferred stock of JPMorgan Chase & Co.

JPMorgan Chase & Co. is a leading global financial services firm and one of the largest banking institutions in the United States. The shares were listed on the New York Stock Exchange. The Firm, led by James Dimon, Daniel Eduardo Pinto and Gordon A Smith in 2017 recorded $114 Billion Revenues.

The transaction closed on September 21, 2018.

The Cravath team included partners William V. Fogg (Picture) and Michael E. Mariani and associates Zachary R. Smith and Jeffrey M. Amico.


Involved fees earner: William V. Fogg – Cravath Swaine & Moore; Michael Mariani – Cravath Swaine & Moore; Zachary Smith – Cravath Swaine & Moore; Jeffrey Amico – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: JP Morgan Securities;