National Penn Bancshares, Inc. Announces Secondary Offering

Go back to National Penn Bancshares, Inc. Announces Secondary Offering

National Penn Bancshares (NPBC) Announces Pricing of 11.57M Common Secondary Offering

March 17, 2015 8:19 AM EDT

National Penn Bancshares (NASDAQ: NPBC) announced the pricing of the previously announced underwritten secondary offering by funds affiliated with Warburg Pincus LLC (Warburg Pincus) of 11,565,072 shares of National Penns common stock. Immediately following completion of the offering, Warburg Pincus will no longer own any shares of... More

National Penn Bancshares (NPBC) Announces 11.57M Common Secondary Offering

March 16, 2015 4:27 PM EDT

National Penn Bancshares (NASDAQ: NPBC) announced hat funds affiliated with Warburg Pincus LLC (Warburg Pincus) intend to offer for sale 11,565,072 shares of National Penns common stock in an underwritten secondary offering pursuant to National Penns shelf registration statement filed with the Securities and Exchange... More