National Bank Holdings (NBHC) IPO Opens Higher

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September 20, 2012 11:09 AM EDT
The IPO for National Bank Holdings Corporation (NYSE: NBHC) opened for trading Thursday on the NYSE at $20.25 after pricing 7,150,000 shares at $19.25.

The joint book-running managers of the offering were Goldman, Sachs & Co., Keefe, Bruyette & Woods and FBR. Sandler O’Neill + Partners, L.P., Stephens Inc., Sterne Agee and Stifel Nicolaus Weisel are acting as co-managers for this offering.

National Bank Holdings Corporation is a bank holding company created to build a leading community bank franchise delivering high quality customer service and strong shareholder results. National Bank Holdings Corporation currently operates a network of 101 full-service banking centers, with the majority of those banking centers located in Colorado and the greater Kansas City region. Through the Company’s subsidiary, NBH Bank, N.A. it operates under the following brand names: Bank Midwest in Kansas and Missouri, Community Banks of Colorado in Colorado and California and Hillcrest Bank in Texas.

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