King & Spalding advised SunTrust Banks, Inc., in the issuance of $650 million aggregate principal amount of its 2.50% senior notes due 2019, pursuant to an underwriting agreement with SunTrust Robinson Humphrey, Inc., Barclays Capital Inc. and Credit Suisse Securities (USA) LLC, as representatives of the several underwriters. The transaction closed on May 5.
The King & Spalding corporate team involved in the transaction was led by partner Keith M. Townsend with the assistance of senior associate William S. Ledbetter and associate Christopher J. Austin. All three lawyers are resident in the firm’s Atlanta office.