United Community in Ga. Files Shelf Registration for S.C. Deal
Troutman Sanders was mentioned in a July 31 American Banker article about United Community Banks in Blairsville, Ga., having offered senior notes to help pay for its acquisition of Palmetto Bancshares in Greenville, S.C., for $240.5 million in cash and stock. United raised $85 million and the transaction closed August 14.
Atlanta partner James Stevens and associate Brendan Thomas served as legal counsel on the offering.