CapStar Financial Holdings (CSTR) IPO Opens Up 10%

September 22, 2016 10:29 AM EDT
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Today's IPO for CapStar Financial Holdings (NASDAQ: CSTR) opened for trading at $16.56 after pricing its initial public offering of 2,585,000 of its common stock, including 1,300,299 shares to be sold by the Company and 1,284,701 shares to be sold by selling shareholders, at a public offering price of $15.00 per share.

Keefe, Bruyette & Woods, Inc. and Sandler O'Neill& Partners, L.P. are acting as the joint book-running managers for the offering. Raymond James & Associates, Inc. and Stephens, Inc. are acting as co-managers for the offering.

CapStar Financial Holdings, Inc. is a bank holding company headquartered in Nashville, Tennessee, and operates primarily through its wholly owned subsidiary, CapStar Bank, a Tennessee-chartered state bank.

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Keefe, Bruyette & Woods, Raymond James, Sandler O'Neill, IPO

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