EverBank Financial Corp.’s $134 million Secondary Offering

Simpson Thacher represented UBS Securities LLC as the sole underwriter in connection with a secondary offering by Sageview Partners L.P., the selling stockholder, of 7,012,230 shares of common stock, par value $0.01 per share, of EverBank Financial Corp.

The offering closed on December 2, 2016 and resulted in net proceeds to the selling stockholder of approximately $134 million.

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 $28.7 billion in assets and $19.6 billion in deposits as of September 30, 2016.

The Simpson Thacher team included Lesley Peng (Picture), Tony Rim and Javier Rivera-Alvarado (Capital Markets); Mark Chorazak and Spencer Sloan (Bank Regulatory); Jonathan Cantor and George Davis (Tax); Greg Grogan and Jennifer Pepin (Executive Compensation and Employee Benefits); and Andrew Pagliughi (FINRA and Blue Sky).

Involved fees earner: Lesley Peng – Simpson Thacher & Bartlett; Tony Rim – Simpson Thacher & Bartlett; Mark Chorazak – Simpson Thacher & Bartlett; Spencer Sloan – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; George Davis – Simpson Thacher & Bartlett; Gregory Grogan – Simpson Thacher & Bartlett; Jennifer Pepin – Simpson Thacher & Bartlett; Andrew Pagliughi – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: UBS;


Author: Ambrogio Visconti