First Republic Bank Prices Common Stock Offering

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First Republic Bank (FRC) Prices 3M Common Offering for Proceeds of ~$199M

November 10, 2015 8:58 AM EST

First Republic Bank (NYSE: FRC) announced the pricing of an underwritten public offering of 3,000,000 shares of its common stock for expected gross proceeds of approximately $199 million before underwriting discounts and commissions and estimated offering expenses. First Republic has also granted the underwriters a 30-day option to purchase... More