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    FHN Financial Expands Commitment to the Municipal Market

    10/21/24 12:53:00 PM ET
    $FHN
    Major Banks
    Finance
    Get the next $FHN alert in real time by email

    MEMPHIS, Tenn., Oct. 21, 2024 /PRNewswire/ -- FHN Financial is pleased to announce the Firm's Public Finance Department has made several key hires to expand its capabilities and expertise in the Project Finance sector of the municipal market.  FHN Financial Capital Markets recently hired a recognized team of municipal bankers with specialized expertise servicing most municipal sectors.  These strategic hires build upon the Firm's recent investments in the Midwest and Northeast regions of the country.  New hires include:

    (PRNewsfoto/First Horizon Corporation)

    • Howard Manning – Howard Manning, Managing Director, is an industry veteran that serves as the Municipal Products Group's national lead banker for Project Finance transactions, an investment banking role that Manning has held previously for D.A. Davidson, Piper Sandler, and Raymond James.  Manning is based in Chicago and will work with bankers across the country to provide specialized services with a focus in the healthcare industry.
    • Stan Rosendahl – The Firm has also hired Stan Rosendahl, Executive Director, to expand coverage across sectors nationally.  A veteran specialist, Rosendahl brings new capabilities and acumen to FHN Financial's Public Finance banking team.  Rosendahl will join Manning in Chicago.
    • Alana Zimmerman – Also joining FHN Financial's Public Finance department is Alana Zimmerman, Executive Director, who will work closely with FHN Financial's municipal bankers and liaison to the firm's sales team as the lead execution banker for the Firm's Project Finance team.  Zimmerman is based in New York City.

    Ajay Thomas, Senior Managing Director and Head of Public Finance, commented, "We are very excited to have Howard, Alana, and Stan join our very capable and talented Public Finance banking team. These strategic hires are complementary to the existing team and align with the long-term vision for Public Finance.  This latest round of hires adds depth, structuring expertise, and transaction execution capabilities to our public finance business that will enable our Firm to service specialized transaction issuers in a segment of the industry that is often left in need of financing options, pricing expertise and investor access." Thomas continued, "We have always excelled at pricing high grade municipal transactions and believe that now with even more specialized expertise, we can offer issuers more innovative solutions to solve financing needs.  I am confident this latest step in our expansion will make FHN Financial an even more formidable solutions provider in the municipal industry."

    FHN Financial Capital Markets, headquartered in Memphis, Tennessee, is a division of First Horizon Bank. FHN Financial has 27 offices located across the United States, including Municipal Underwriting and Trading Desks in Memphis, New York, Morristown, and Houston with Public Finance offices in Atlanta, Austin, Charlotte, Chicago, Dallas, Darien (CT), Houston, Memphis, New York City, Scottsdale, Syosset (NY), and Westlake (OH). FHN Financial Capital Markets focuses on issuers and institutional investors through various business lines including public finance, underwriting, sales, and trading of fixed income products, supported by credit and portfolio strategy, economic outlook, and analysis. Information about FHN Financial and its entire offering of products and services can be found at www.fhnfinancial.com.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/fhn-financial-expands-commitment-to-the-municipal-market-302282068.html

    SOURCE First Horizon Corporation

    Get the next $FHN alert in real time by email

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    Q&A

    New
    • What recent changes have been made in FHN Financial's Public Finance Department?

      FHN Financial's Public Finance Department has expanded its capabilities in Project Finance through several key hires, including Howard Manning, Stan Rosendahl, and Alana Zimmerman.

    • What role will Howard Manning play at FHN Financial?

      Howard Manning will serve as the national lead banker for Project Finance transactions and focus primarily on the healthcare sector, operating from Chicago.

    • What is the focus of Stan Rosendahl's role within FHN Financial?

      Stan Rosendahl has been hired to expand coverage across sectors nationally, working alongside Manning from Chicago.

    • What is Alana Zimmerman's position and responsibilities at FHN Financial?

      Alana Zimmerman will work closely with the municipal bankers and serve as the liaison to the sales team, based in New York City.

    • What are the expected benefits of the new hires for FHN Financial as stated by Ajay Thomas?

      Ajay Thomas stated that the new hires add depth and transaction execution capabilities, allowing FHN Financial to provide more innovative financing solutions in the municipal market.

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