September 14, 2020

On September 9, 2020, Northwest Bancshares, Inc., Warren, Pennsylvania, the holding company for Northwest Bank, successfully completed a public offering of $125.0 million of its 4.00% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”). The Notes are intended to qualify as Tier 2 capital for regulatory purposes.

Luse Gorman served as legal counsel to Northwest Bancshares, Inc. in the offering. The Luse Gorman team consisted of Marc Levy, Ned Quint and Ellie Cook.

Luse Gorman has extensive experience representing issuers in public offerings and private placements of capital stock, debt, and other securities. To learn more about our Capital Markets and Corporate Finance practice, please visit our website.