Hunton Andrews Kurth LLP advised CoBank, ACB (CoBank) on its offering of 500,000 shares of fixed-rate reset Series N non-cumulative perpetual preferred stock.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing, and other financial services to agribusinesses and rural power, water, and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving almost 80,000 farmers, ranchers, and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

The Hunton team included Peter K. O’Brien, Steven C. Friend, Patrick C. Jamieson, Reuben H. Pearlman, and Jack W. Chatas. Robert McNamara and William Freeman provided tax advice.