Noteworthy Work
K&L Gates Advises WesBanco in its Public Offering of Depositary Shares
Global law firm K&L Gates LLP advised multi-state bank holding company WesBanco, Inc. (Nasdaq: WSBC) in connection with its underwritten public offering of depositary shares representing fractional interests in its 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, pursuant to which WesBanco received gross proceeds of $230 million.
The K&L Gates team that advised WesBanco on this matter was led by Pittsburgh partner Jeff Acre with support from Pittsburgh partner Henry Snyder, Charlotte partner Sean Jones, New York partners Rob Sichel and Marc Veilleux, New York associate Leigh Krafchek, and Pittsburgh associate Michael Stepan.
K&L Gates’ Corporate practice is one of the most substantial in the legal industry, with hundreds of lawyers in offices across the globe providing clients with practical legal solutions in the structuring, financing, and completion of domestic, international, and cross-border transactions.
K&L Gates is a fully integrated global law firm. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.