SVB Financial Group (SIVB) Stock Offering is Said Expected to Trade March 10 - Bloomberg

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Go back to SVB Financial Group (SIVB) Stock Offering is Said Expected to Trade March 10 - Bloomberg

SVB Financial Group Announces Proposed Offerings of Common Stock and Mandatory Convertible Preferred Stock

March 8, 2023 4:06 PM EST

SANTA CLARA, Calif., March 8, 2023 /PRNewswire/ -- SVB Financial Group ("SVB") (NASDAQ: SIVB), announced today that it intends to offer $1.25 billion of its common stock and $500 million of depositary shares, consisting of 10 million depositary shares each representing a 1/20th... More