Capital One (COF) Prices 54M Secondary Offering by ING Bank

Article Related Press Releases (1) Related Articles (1) Related SEC Filings (1) Stock Quotes (2) Comments (0)

Capital One Financial Corporation (NYSE: COF) has entered into an underwriting agreement under which selling stockholder ING Bank N.V. (NYSE: ING) has agreed to sell all of its 54,028,086 shares of Capital One common stock pursuant to a previously announced resale offering.

BofA Merrill Lynch, Morgan Stanley and Citigroup acted as joint book-running managers. The offering is expected to close on September 10, 2012, subject to customary closing conditions. Capital One will not sell any shares in the offering, and all net proceeds will be retained by ING Bank N.V.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Bloomin' Brands (BLMN) Prices 19M Common Stock Secondary Offering
• LIFT and Capital One Join Forces in Million Dollar Commitment to Fight Poverty in the United States
• What Would You Give Up For a Cheaper Flight This Summer?

Create E-mail Alert Related Categories

Corporate News, Equity Offerings

Related Entities

Citi, Morgan Stanley, Merrill Lynch, Bank of America

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?