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Signature Bank Completes Public Offering
Practices
Our client Signature Bank completed a public offering of 4,715,000 shares of common stock in an underwritten public offering led by BofA Merrill Lynch on July 11. The net proceeds to Signature Bank from the offering were approximately $254 million.
The Paul, Weiss team involved in the transaction included corporate partner Raphael M. Russo and tax partner David R. Sicular.