Cahill Represents Underwriters in E*Trade Preferred Stock Offering
Date: 08/25/16
Cahill represented the joint book-running managers in connection with the public offering of 400,000 shares of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock of E*Trade Financial Corporation (NASDAQ: ETFC), resulting in gross proceeds of $400,000,000. Proceeds from the offering are currently expected to be used in connection with E*Trade’s acquisition of Aperture, the ultimate parent company of OptionsHouse.