Signature Bank Announces Public Stock Offering
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Signature Bank (SBNY) Prices 2.2M Common Stock Offering at $136/Share
January 22, 2016 5:57 AM ESTSignature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today the pricing of its underwritten public offering of 2.2 million shares of common stock at $136 per share. The Bank has also granted the underwriters a 30-day option to purchase up to 330,000 additional shares of common stock.
J.P. Morgan and Goldman, Sachs & Co. are acting as the bookrunners in the offering. Closing of the offering is expected to occur on or about January 27, 2016, subject to customary closing conditions.
This press release does not constitute an offer to... More
