The subordinated notes are due 2035

Davis Polk advised the representative of the initial purchasers in connection with a Rule 144A / Regulation S offering by EverBank Financial Corp of $200 million aggregate principal amount of its 7.500% fixed-to-floating-rate subordinated notes due 2035.

EverBank Financial Corp is a bank holding company and conducts its banking operations through its wholly owned subsidiary, EverBank, N.A. EverBank is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide.

The Davis Polk corporate team included partner Shane Tintle and associate Marcos Sauquet Trias. Partner David L. Portilla, counsel Andrew S. Baer and associate Russell Quarles provided financial institutions advice. Partner Patrick E. Sigmon and associate Caleb E. Smith provided tax advice. Members of the Davis Polk team are based in the New York and Washington DC offices.

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