August 19, 2025 Experience Circle $1.5 billion follow-on offering We advised Circle on its first follow-on offering as a listed company on NYSE
August 18, 2025 Experience Euronet Worldwide $1 billion convertible senior notes offering The 0.625% convertible senior notes are due 2030
August 14, 2025 Experience Bullish $1.11 billion IPO Bullish settled $1 billion of the proceeds in stablecoins denominated in dollars and euros
August 12, 2025 Experience Fiserv $2 billion notes offering The investment-grade debt consists of two tranches of notes
August 11, 2025 Experience MSCI $1.25 billion notes offering We advised MSCI on its debut investment-grade offering of senior notes
August 7, 2025 Experience Strategy $4.2 billion perpetual stretch preferred stock at-the-market offering The perpetual stretch preferred stock is listed on the Nasdaq Global Select Market
July 30, 2025 Experience Strategy $2.5 billion stretch preferred stock IPO This represents the largest IPO year to date in 2025 across all U.S. preferred and common equity offerings
July 29, 2025 Experience Pagaya Technologies debut $500 million senior notes offering We advised Pagaya on its debut high-yield notes offering
July 29, 2025 Experience MARA Holdings $950 million convertible notes offering The 0% convertible senior notes are due 2032
July 22, 2025 Experience Ether Machine de-SPAC transaction and $1.5 billion committed PIPE financing The PIPE transaction will be the largest all-common-stock financing committed at announcement since 2021