Richard D. Truesdell, Jr.

Partner

richard.truesdell@davispolk.com

Mr. Truesdell is co-head of Davis Polk’s global Capital Markets Group. The Financial Times identified him as one of the 10 most innovative individuals nationwide in its 2011 “U.S. Innovative Lawyers” special report. He was also named one of the country’s 3 “Most Influential Lawyers” in Finance and Capital Markets by The National Law Journal, which credited him with helping “hoist the economy back to its feet.”

Mr. Truesdell represents clients in U.S. and international capital markets transactions and advises on corporate governance and securities market regulation. He has represented investment banks, including Banc of America/Merrill Lynch, Barclays Capital, Citi, Credit Suisse, Goldman Sachs, J.P. Morgan and Morgan Stanley, as well as a variety of corporate clients. He has extensive experience with a wide variety of both public and private debt and equity offerings by U.S. and non-U.S. issuers, including initial public offerings, convertible offerings and high-yield debt financings.

Contact

New York
450 Lexington Avenue
New York, NY 10017
P: 212-450-4674
F: 212-701-5674

Related Practices

Bar Admissions

State of New York

Education

B.A., University of Pennsylvania, 1983
J.D., Columbia Law School, 1986
- James Kent Scholar
- Executive Editor, Columbia Journal of Law and Social Problems

Work Highlights

Represented the U.S. Treasury in connection with the $8.7 billion "re-IPO" of AIG
Completed more U.S. initial public offerings in each of 2010 and 2009 than any other lawyer
Recent IPOs include Chimerix, Enanta Pharmaceuticals, Zoetis, Kayak, Durata Therapeutics, Merrimack Pharmaceuticals and Michael Kors
Represented Citigroup in connection with the $20 billion investment by the U.S. Treasury in Citigroup pursuant to the Troubled Asset Relief Program (TARP)
Completed the largest convertible offering in history ($6.9 billion offering of perpetual convertible stock by Bank of America Corporation)
Completed the largest high-yield offering in history ($6 billion offering of high-yield notes by Freeport-McMoRan Copper and Gold)

Recognition

Listed as a leading lawyer in several legal industry publications, including:
- Band 1, USA: Capital Markets: Debt & Equity – Chambers Global 2013
- Band 1, Nationwide: Capital Markets: Debt & Equity – Chambers USA 2012
- Chambers Global: The World’s Leading Lawyers for Business
- Practical Law Company’s Cross-border Capital Markets Handbook and Cross-border Finance: Secured Lending Handbook
- Legal Media Group’s Expert Guide to the World’s Leading Capital Markets Lawyers
- IFLR1000: The Guide to the World’s Leading Financial Law Firms
- Law Business Research’s Who’s Who Legal–International Who’s Who of Capital Markets Lawyers
- Legalease’s The Legal 500 U.S.–Capital Markets
Recognized as a “BTI Client Service All-Star” in a BTI Consulting Group survey of corporate counsel at Fortune 1000 organizations

Professional History

Partner, 1993-present
Associate, 1986-1993

News

Davis Polk Advises The AES Corporation on Its $250 million Senior Notes Offering

Fifth Third Bancorp Offering of Depositary Shares Representing 5.1% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series H

Richard Truesdell Discusses IPO Market on Bloomberg TV

View More > >

Publications

Implementing the Conflict Minerals Rule | Insights, The Corporate & Securities Law Advisor, Vol. 27, No. 2

Corporate Governance Practices in US Initial Public Offerings | Practical Law - The Journal

Pushing Back on Pressure for Independent Board Chairs

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Client Publications

SEC Explains How to Use Social Media for Regulation FD Compliance
Client Memorandum

Rule 10b5-1 Plans: What You Need to Know

SEC Issues Guidance on New Iran Disclosure Requirements
Client Newsflash

View More > >

Events

Richard Truesdell to Chair PLI’s “Conflict Minerals 2012” Program

Richard Truesdell's Video Interview with Ning Chiu – Insights on the JOBS Act

Davis Polk Webcast - After Facebook: Secondary Transactions in Private Company Stock

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