Franklin Financial Network (FSB) to Offer $52M in Common Stock
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Franklin Financial Network Announces Public Offering Of Common Stock
November 15, 2016 4:45 PM ESTFRANKLIN, Tenn., Nov. 15, 2016 /PRNewswire/ -- Franklin Financial Network, Inc. (NYSE: FSB), the parent company of Franklin Synergy Bank, today announced that it has commenced an underwritten offering of approximately $52 million of its common stock. The underwriters will have a 30-day option to purchase an additional 15 percent of the offered amount of common stock from the Company to cover over-allotments, if any. Raymond James & Associates, Inc. will serve as active book-running manager, Stephens Inc. will serve as passive book-running manager, Piper Jaffray will serve as lead manager, and Compass Point... More
