$1 Billion Senior Note Offering for E*Trade

Cahill represented Credit Suisse Securities (USA) LLC and the other underwriters in the offering of $600,000,000 aggregate principal amount of 2.95% Senior Notes due 2022 and $400,000,000 aggregate principal amount of 3.80% Senior Notes due 2027 by E*Trade Financial Corporation.

Proceeds are expected to be used to refinance existing indebtedness.

Credit Suisse, J.P. Morgan, BofA Merrill Lynch and Wells Fargo Securities are serving as joint book-running managers for the offering.

E*TRADE Financial and its subsidiaries provide financial services including online brokerage and related banking products and services to retail customers. Securities products and services are offered by E*TRADE Securities LLC

Cahill advised with a team including Darren Silver (Picture), Christopher Dunomes and Ani Ravi

 

Involved fees earner: Darren Silver – Cahill Gordon & Reindel; Christopher Dunomes – Cahill Gordon & Reindel; Ani Ravi – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Credit Suisse; JP Morgan; Wells Fargo;

 

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Author: Ambrogio Visconti