The Firm represented JPMorgan Chase & Co. in connection with a public offering of 1,500,000 Depositary Shares, equivalent to $1.5 billion in aggregate amount, each Depositary Share representing a 1/10th interest in a share of Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series R, of JPMorgan Chase & Co. The offering closed on July 29, 2013.
JPMorgan Chase & Co. is a leading global financial services firm and one of the largest banking institutions in the United States, with operations worldwide. JPMorgan Chase & Co. had $2.4 trillion in assets and $209.5 billion in total stockholders’ equity as of June 30, 2013.
The Simpson Thacher team for the transaction included Maripat Alpuche, Lesley Peng, Matthew Levy and Phong Quan (Capital Markets); Jonathan Cantor and Andrew Purcell (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).
