Troutman Pepper Locke advised Performance Trust Capital Partners, LLC in the successful completion of Chesapeake Financial Shares, Inc.’s private placement of $25 million in fixed-to-floating rate subordinated notes. The offering, which was significantly oversubscribed due to robust investor demand, will provide Chesapeake Financial Shares, Inc. with the capital needed to pursue growth opportunities and strengthen its balance sheet. For more information, read the press release.

The Troutman Pepper Locke team advising Performance Trust Capital Partners, LLC, which served as the sole placement agent for the offering, included Seth Winter, Gregory Parisi, and Matt Morris.