FTN Financial Capital Markets Continues To Expand Municipal Bond Efforts

MEMPHIS, Tenn., Aug. 24, 2017 -- FTN Financial Capital Markets continues to expand its public finance practice with the hiring of Ajay Thomas as executive vice president of public finance, charged with growing FTN Financial’s public finance presence in strategic markets and sectors across the United States. Thomas has more than 15 years of experience in public finance, with significant transaction experience. On a national scale, he has led transactions across a variety of sectors and levels of municipal issuers. Joining Thomas at FTN Financial in Texas are Kirk London, Randy Reid, Peter Lamar and Lizzeth Gamboa.

In addition, in New York, John Feery has joined the underwriting team focusing on negotiated underwriting on a national basis and Vin Kurian and Michael Solomon join the municipal banking team.

Michael E. Kisber, president of FTN Financial, said, “Growing our public finance capabilities remains a key strategic initiative in diversifying our product suite to meet our customers’ needs. We are fully committed to issuers and their financing needs, investing in sector expertise and transaction capabilities that best serve this market. We are very excited Ajay Thomas, John Feery and the other talented professionals are joining our experienced team.”

“While continually looking for growth opportunities, we have been measured and strategic in our process to ensure we assemble the right team to serve our customers in a scalable and sustainable manner,” said Mike Allen, executive vice president and municipal products manager of FTN Financial. “Ajay Thomas is a proven leader with an accomplished record of building strong municipal banking teams in Texas and across the country.”

About FTN Financial

FTN Financial Capital Markets, headquartered in Memphis, TN, is a division of First Tennessee Bank, which still operates under its original 1864 charter. First Tennessee and FTN Financial are part of First Horizon National Corp. (NYSE:FHN), which has 4,300 employees. FTN Financial has 28 offices including municipal commitment desks in Memphis, New York and Houston and Public Finance offices in Memphis, New York, St. Louis, Austin, Dallas, Houston, San Antonio, Los Angeles, Sacramento and Atlanta. FTN 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.  FTN Financial Municipal Advisors is a division of First Tennessee Bank and is an Independent Registered Municipal Advisor focusing on issuers and their financing needs while being supported by FTN Financial Capital Markets’ depth of resources.  Information about FTN Financial and its products and services can be found at www.ftnfinancial.com.

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