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IBERIABANK Corporation Announces Pricing of Common Stock Offering.

Publication: PR Newswire
Publication Date: 30-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
LAFAYETTE, La., June 30 /PRNewswire-FirstCall/ -- IBERIABANK Corporation , the holding company of the 122-year-old IBERIABANK and IBERIABANK fsb, announced the pricing of an underwritten public offering of 3,850,000 shares of the Company's common stock at a price to the public of $39.00 per share for gross proceeds of approximately $150.2 million. The net proceeds to the Company after deducting underwriting discounts and commissions and estimated offering expenses are expected to be approximately $143.0 million. IBERIABANK has granted the underwriters a 30-day option to purchase up to an additional 577,500 shares of IBERIABANK common stock to cover over-allotments, if any....

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