Capital Markets



"They're terrific - they're very reliable and extremely responsive." "They have a deep understanding of our business." "I have found their work to be incredible."
Chambers USA, 2013, NJ and CT Corporate/M&A

Day Pitney's Capital Markets team has served as counsel to corporate issuers and investment banks in a variety of public and private securities offerings. We regularly advise our clients on capital markets transactions in various industries. Our practice is integrated with other relevant practice areas (such as tax, employee benefits and energy). We seek to provide our clients with dedicated, responsive, practical and efficient legal work.

Our team has extensive experience and sophistication in capital markets transactions, including the following:

  • Universal shelf registrations and takedowns for both WKSI and non-WKSI issuers
  • Equity offerings
  • Convertible and non-convertible debt offerings
  • Rule 144A equity offering
  • Private placements
  • Initial public offerings

The value of our experience, skills and resources is best exemplified through the following representative transactions:

  • Represented Alleghany Corporation in a $400 million registered offering of senior notes.
  • Represented Rudolph Technologies in a $60 million offering of convertible notes under Rule 144A.
  • Represented Chaarat Gold Holdings Limited as US counsel in a $83 million offshore offering under Regulation S.
  • Represented Stifel, Nicolaus & Co. as underwriters counsel in a $39 million equity offering by Sterling Bancorp.
  • Represented Alleghany Corporation in $300 million registered offering of senior notes.
  • Represented National Securities Corporation as placement agent counsel in a series of private note offerings aggregating approximately $30 million.
  • Represented Najeti Capital as selling stockholder counsel in IPO involving Annies, Inc.
  • Represented issuer in PIPE equity offering.
  • Represented 1st Constitution Bancorp in subscription rights offering.
  • Represented majority stockholder in sale of majority interest in public offering by Investors Capital Holdings, Ltd.
  • Represented Eastman Kodak Company as New Jersey counsel in a $250 million 144A offering.
  • Represented Valley National Bancorp in connection with a $73.1 million at-the-market public offering of common stock.
  • Represented Valley National Bancorp in connection with a $65 million registered direct offering of common stock.
  • Represented First Commonwealth Financial Corp. in connection with its $115 million public offering of common stock.
  • Represented Hudson Valley Holding Corp. in connection with a $99.8 million public offering of common stock.
  • Represented Stifel, Nicolaus & Company in connection with a $69 million equity offering by Sterling Bancorp.
  • Represented underwriters in a $459.3 million public offering of bonds.
  • Represented initial purchasers in a $200 million offering of notes pursuant to Rule 144A.
  • Represented underwriters in a public offering of $85.9 million of senior secured bonds pursuant to a registration statement.
  • Represented Fuel Systems Solutions, Inc., in connection with its $30 million registered direct offering of common stock.
  • Represented Central Vermont Public Service Corporation in connection with its $24.9 million public offering of common stock.
  • Represented Community National Bank in connection with its registration statement for issuance of up to $19.5 million of common stock.
  • Represented Valley National Bancorp in connection with its automatic shelf registration statement for resale of up to $345 million of preferred stock, warrants and common stock underlying warrants.
  • Represented First Commonwealth Financial Corporation in connection with its shelf registration statement for up to $300 million of securities.
  • Represented Hudson Valley Holding Corporation in connection with its shelf registration statement for up to $120 million of securities.
  • Represented Fuel Systems Solutions, Inc., in connection with its shelf registration statement for up to $100 million of securities.
  • Represented Virtus Investment Partners, Inc., in connection with its shelf registration statement for up to $100 million of securities and its sale of 1,724,126 shares of common stock offered by selling shareholders.
  • Represented Central Vermont Public Service Corporation in connection with its shelf registration statement for up to $62.3 million of common stock.
  • Represented Central Vermont Public Service Corporation in connection with its shelf registration statement for up to $55 million of common stock.
  • Represented Peapack-Gladstone Financial Corp. in connection with its shelf registration statement for resale of up to $33 million of preferred stock, warrants and common stock underlying warrants by selling shareholder.
  • Represented 1st Constitution Bancorp in connection with its shelf registration statement for resale of warrants and common stock underlying warrants by selling shareholder.
  • Represented Community Partners Bancorp in connection with its shelf registration statement for resale of warrants and common stock underlying warrants by selling shareholder.
  • Represented The Connecticut Bank and Trust Company in connection with its shelf registration statement for resale of warrants and common stock underlying warrants by selling shareholder.