Oak Street Health $600.5 million secondary offering
We advised the joint book-running managers on the equity offering
2/16/2021

Davis Polk advised the joint book-running managers in connection with the $600.5 million secondary offering of 12,332,394 shares of common stock of Oak Street Health, Inc. by certain selling shareholders, which includes 1,608,573 shares from the full exercise of the underwriters’ over-allotment option to purchase additional shares. Oak Street Health is listed on the New York Stock Exchange under the symbol “OSH.”

Based in Chicago, Illinois, Oak Street Health owns and operates primary care centers for Medicare patients with a focus on building a care delivery platform that addresses rising costs and poor outcomes in the U.S. healthcare industry.

The Davis Polk capital markets team included partners Michael Kaplan and Pedro J. Bermeo and associates Ernesto Talamás Velazquez and Adam Greene. The tax team included partner Mario J. Verdolini and associate Erin van Wesenbeeck. Counsel Marcie A. Goldstein provided FINRA advice. The members of the Davis Polk team are based in the New York office.