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.