Signature Bank’s $739 Million Stock Offering

Paul, Weiss, Rifkind, Wharton & Garrison advised Signature Bank on the offering.

Signature Bank, a New York-based full-service commercial bank, executed its offering of 2.1 million shares of common stock, generating gross proceeds of $739.2 million.

The underwriters for the offering were led by Goldman Sachs & Co. LLC, with Morgan Stanley & Co. LLC and Jefferies LLC acting as joint bookrunners.

The Paul, Weiss team included corporate partner Raphael Russo (Picture), and tax partner Scott Sontag. 

Involved fees earner: Raphael Russo – Paul Weiss Rifkind Wharton & Garrison; Scott Sontag – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Signature Bank;