DEAL ANNOUNCEMENT

McDermott Will & Schulte advises underwriters on Northern Trust Corporation's $2 billion notes offering

Nov 10, 2026

Read time: 2 min

McDermott Will & Schulte represented BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and Siebert Williams Shank & Co., LLC as joint book-running managers in an underwritten public offering of $1 billion in 5.300% senior notes due 2031 and $1 billion in 5.700% senior notes due 2036 of Northern Trust Corporation (NASDAQ: NTRS). Academy Securities, Inc., Barclays Capital Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC, RBC Capital Markets, LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC served as co-managers.

The McDermott team was led by Eric Orsic and Dan Woodard with support from Riley O’Farrell, Michael Boykins, Todd Solomon, and Alex Lee.

In this article

Eric Orsic

Partner

Chicago

Daniel L. Woodard

Partner

New York – One Vanderbilt Avenue

Riley O'Farrell

Associate

Chicago

Michael L. Boykins

Partner

Chicago

Todd A. Solomon

Partner

Chicago

Alex Cheng-Yi Lee

Partner

Washington, DC

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