Pryor Cashman represented East West Bank, a full-service commercial bank serving consumers and businesses throughout the U.S. and in Greater China, in a secured financing of Ultimate Financial Solutions LLC. The transaction closed on May 24, 2012.
East West Bank is a wholly-owned subsidiary of East West Bancorp [NASDAQ: EWBC], a publicly owned company with over $22 billion in assets. Ultimate Financial Solutions LLC is a provider of financial services to a variety of industries.
Pryor Cashman Partner Larry Remmel, Counsel Louis Ciccone and Associate Jill Braibanti represented East West Bank in the transaction.