Mercantil Bank Holding Corporation $81.9 Million Initial Public Offering

Jones Day advised Mercantil Bank Holding Corporation. Davis Polk advised the representative of the several underwriters in connection with the $81.9 million initial public offering of 6,300,000 shares of Class A common stock of Mercantil Bank Holding Corporation, of which 4,922,477 shares were sold by Mercantil Servicios Financieros, C.A. as selling shareholder.

Raymond James, Keefe Bruyette & Woods, Stephens Inc., Suntrust Robinson Humphrey and Fig Partners acted as underwriters on the offering.

Mercantil Bank Holding Corporation’s common stock is traded on the Nasdaq Global Select Market under the symbol “AMTB.”

Mercantil Bank Holding Corporation is a bank holding company headquartered in Coral Gables, Florida, which operates through its subsidiaries, Amerant Bank, N.A., Amerant Investments, Inc. and Amerant Trust, N.A. The company provides individuals and businesses in the United States, as well as select international clients, with deposit, credit, wealth management, retail banking and fiduciary services. Amerant Bank is the largest community bank headquartered in Florida and operates 23 banking centers – 15 in South Florida and 8 in the Houston, Texas area, as well as a commercial real estate loan production office in New York City.

The Davis Polk corporate team included partner Nicholas A. Kronfeld (Picture) and associates Joseph S. Payne and Angela Park. Partner John Banes and associate Hallie T. Damon provided financial institutions advice. Partner Michael Mollerus and associate Rebecca A. Rosen provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice.

Involved fees earner: John Banes – Davis Polk & Wardwell; Hallie Damon – Davis Polk & Wardwell; Marcie Goldstein – Davis Polk & Wardwell; Nicholas Kronfeld – Davis Polk & Wardwell; Michael Mollerus – Davis Polk & Wardwell; Angela Park – Davis Polk & Wardwell; Joseph Payne – Davis Polk & Wardwell; Rebecca Rosen – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: FIG Partners, LLC; Keefe, Bruyette & Woods, Ltd.; Raymond James Financial, Inc.; Stephens Inc.; SunTrust Robinson Humphrey, Inc.;

Author: Ambrogio Visconti