The subordinated notes are due 2034

Davis Polk advised the initial purchasers in connection with a Rule 144A / Regulation S offering by EverBank Financial Corp of $150 million aggregate principal amount of its 8.375% fixed-to-floating-rate subordinated notes due 2034.

EverBank Holdings is a bank holding company and conducts its banking operations through its wholly owned subsidiary, EverBank, N.A. (EverBank). EverBank is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide.

The Davis Polk corporate team included partner Shane Tintle and associates David Li and Jenny Li. Partner David L. Portilla and counsel Tyler X. Senackerib provided financial institutions advice. Partner Patrick E. Sigmon and associate Caleb E. Smith provided tax advice. Partner Pritesh P. Shah and associate Shreya R. Kundur provided intellectual property advice. Counsel Marcie A. Goldstein provided blue sky advice. All members of the Davis Polk team are based in the New York office.

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