Old National Bancorp To Raise $400M Via Secondary Stock Offering Of 19M Shares At $21/Share
Old National Bancorp To Raise $400M Via Secondary Stock Offering Of 19M Shares At $21/Share
Old National Bancorp (NASDAQ:ONB) ("Old National") today announced the pricing of an underwritten public offering of 19,047,619 shares of its common stock, no par value (the "Common Stock"), at a public offering price of $21.00 per share (before underwriting discounts and commissions), for an aggregate offering amount of $400 million. The approximate net proceeds of the offering will be $384 million (before offering expenses, assuming the underwriters do not exercise their option to purchase additional shares and assuming full physical settlement of the forward sale agreement at the initial forward price) in connection with the forward sale agreement described below.
Old National Bancorp（纳斯达克股票代码：ONB）（“Old National”）今天宣布，承销公开发行19,047,619股普通股，无面值（“普通股”），公开发行价格为每股21.00美元（未计入承销折扣和佣金），总发行金额为4亿美元。与下述远期销售协议相关的本次发行净收益约为3.84亿美元（不包括发行费用，假设承销商不行使购买额外股票的选择权，并假设远期销售协议按初始远期价格进行全面实物结算）。
