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Multi-Office Team Has Second Fast-Paced Deal

John JenningsA multioffice team led by Greenville partner John Jennings recently represented Sandler O'Neill Partners as representative for the underwriters for United Community Banks, Inc. in a public offering of approximately $222 million of its common stock. 

 "This is the second fast-paced 'shelf takedown' public offering we have handled in the last several months," said Greenville partner Neil Grayson. "We received a call from the client to handle this transaction, and John and his team jumped on the deal, working through the weekend and all night to meet the client's goal of pricing the offering promptly and closing before the end of the quarter."

Also assisting in the deal were attorneys from the Greenville, Atlanta, and DC offices: Stephani Hildebrandt, Reese Porter, and Beth Alexander, among others.  

Headquartered in Blairsville, Ga., United Community Banks is the third-largest bank holding company in Georgia. United Community Banks has assets of $8.4 billion and operates 27 community banks with 110 banking offices located throughout north Georgia, the Atlanta region, coastal Georgia, western North Carolina and east Tennessee.