Webster Financial Corporation’s Fixed Rate Reset Subordinated Notes Offering
September 25, 2025
Cravath represented the underwriters in connection with the $350 million fixed rate reset subordinated notes offering of Webster Financial Corporation, a bank holding company of Webster Bank, a commercial bank with a national bank charter focused on providing financial products and services to businesses, individuals and families. The transaction closed on September 11, 2025.
The Cravath team included partners Craig F. Arcella and Kelly M. Smercina and associates Daphne Fong and Tiancheng Lyu on capital markets matters; partner Arvind Ravichandran and associate Ruth Goldstein Schapiro on tax matters; partner Jonathan J. Katz and associate S. Celine Li on executive compensation and benefits matters; and associate Caroline B. Shinkle on bank regulatory matters.
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People
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J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
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B.A., 1995, Duke University
- New York
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J.D., 2014, University of Michigan Law SchoolOrder of the Coif, summa cum laude
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B.A., 2011, University of Notre DamePhi Beta Kappa, summa cum laude
- New York
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J.D., 2012, Columbia Law School
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B.A., 2009, Columbia College
- New York
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LL.M., 2013, New York University School of Law
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J.D., 2007, Benjamin N. Cardozo School of LawOrder of the Coif, Dean's Distinguished Scholar, summa cum laude
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B.S., 2003, Cornell University
- New York
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