We advised the representatives of the underwriters on the offering

Davis Polk advised the representatives of the underwriters on an SEC-registered offering of $400 million aggregate principal amount of 5.301% fixed-to-floating-rate senior notes due 2032 by Texas Capital Bancshares, Inc.

Texas Capital Bancshares is the parent company of Texas Capital Bank (TCB). Texas Capital is the collective brand name for TCB and its separate, non-bank affiliates and wholly owned subsidiaries. Texas Capital is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. Founded in 1998, the institution is headquartered in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, and has built a network of clients across the country.

The Davis Polk capital markets team included partner Pedro J. Bermeo and associate Sofia Sitterson. The financial institutions team included partner David L. Portilla and counsel Suiwen Liang. The tax team included counsel Yixuan Long and associate Alex (Ang) Gao. All members of the Davis Polk team are based in the New York office.