JPMorgan Chase’s $3 Billion Registered Fixed‑to‑Floating Rate Subordinated Notes Offering

Cravath represented the underwriters, led by J.P. Morgan Securities. in the offering.

JPMorgan Chase & Co., a leading global financial services firm, completed the $3 billion registered fixed-to-floating rate subordinated notes offering. The transaction closed on May 13, 2020.

The Cravath team advising the underwriters included partners William V. Fogg (Picture) and Michael E. Mariani and associates Zachary R. Smith, Leticia M. Quezada and Zoe E. Egelman on securities matters, and partner Christopher K. Fargo and associates Peter W. Rogers and Leon B. Dalezman on tax matters.

Involved fees earner: Leon Dalezman – Cravath Swaine & Moore; Zoe Egelman – Cravath Swaine & Moore; Christopher K. Fargo – Cravath Swaine & Moore; William Fogg – Cravath Swaine & Moore; Michael Mariani – Cravath Swaine & Moore; Leticia Quezada – Cravath Swaine & Moore; Peter Rogers – Cravath Swaine & Moore; Zachary Smith – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: J.P. Morgan Securities LLC;

Author: Ambrogio Visconti