MoFo News Item

MoFo Advises Piper Sandler on $215 Million Velocity Commercial Capital Private Placement

16 Mar 2022

Morrison & Foerster advised long-time client Piper Sandler Companies (NYSE: PIPR) (“Piper Sandler”) as placement agent in connection with the $215 million private placement of senior unsecured notes issued by Velocity Commercial Capital, LLC, a wholly owned subsidiary of Velocity Financial, Inc.

Founded in 1895, Piper Sandler is a leading investment bank and institutional securities firm offering M&A advisory, investment underwriting, corporate investment services, and institutional brokerage, with a particular focus on the financial services industry.

The MoFo team advising Piper Sandler on the transaction was led by Washington, D.C. corporate partner Justin Salon, together with Washington, D.C. corporate of counsel Emily Beers and associate Thomas Webb, San Francisco finance partner Dario Avram and of counsel Eric Min, Denver finance associate Jake Burne, and New York tax partner Jay Blaivas.



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