Regions Financial (RF) Prices 152.9M Common Offering at $5.90/Share

March 14, 2012 9:24 AM EDT
Regions Financial (NYSE: RF) has priced a public offering of 152.9 million shares of its common stock at a price to the public of $5.90 per share.

The common stock offering (the “Offering”) will generate gross proceeds of approximately $900 million. The closing date for the transaction is expected to be March 19, 2012.

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