August 6, 2020

On August 5, 2020, Univest Financial Corporation, Souderton, Pennsylvania, the holding company for Univest Bank and Trust Co., successfully completed the public offering of $100.0 million of its 5.00% 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 Univest Financial Corporation in the offering. The Luse Gorman team consisted of Scott Brown, Mike Brown and Greg Sobczak.

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.