Shearman & Sterling represented Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Huntington Securities, Inc., Keefe, Bruyette & Woods, Inc., MUFG Securities Americas Inc. and Raymond James & Associates, Inc. as initial purchasers in connection with a Rule 144A/Regulation S offering by Huntington Bancshares Incorporated of $500 million aggregate principal amount of its 2.487% Fixed-to-Fixed Subordinated Notes due 2036.
Shearman & Sterling also represented Credit Suisse Securities (USA) LLC as the dealer manager in connection with the private exchange offer by Huntington of its 4.350% Subordinated Notes due 2023 and The Huntington National Bank's 6.250% Subordinated Notes due 2022, 4.600% Subordinated Notes due 2025 and 4.270% Subordinated Notes due 2026 for Huntington's 2.487% Fixed-to-Fixed Rate Subordinated Notes due 2036. In connection with the exchange offer, Huntington issued $60,516,000 2.487% Fixed-to-Fixed Rate Subordinated Notes due 2036.
Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle–market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,200 branches in 12 states, with certain businesses operating in extended geographies.