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Stifel Financial announces closing of underwriters' over-allotment option.

Global Banking News-13 October 2009-Stifel Financial announces closing of underwriters' over-allotment option(C)2009 ENPublishing -

Global Banking News - 13 October 2009(c)2005 - Electronic News Publishing -

Stifel Financial Corporation (NYSE: SF) has said that the underwriters for the recently completed public offering have exercised their over-allotment option in full to purchase an additional 225,000 shares of the company's common stock.

Pursuant to the over-allotment option, a total of 1,725,000 shares of Stifel common stock were publicly offered and sold in the offering by Stifel at a price to the public of USD56.00 per share. The offering of the over-allotment shares closed on September 29, 2009.

Stifel, Nicolaus & Company, Incorporated and BofA Merrill Lynch (NYSE: BAC) are acting as joint book-running managers for the offering. Fox-Pitt Kelton Cochran Caronia Waller and Keefe, Bruyette & Woods, Inc. are acting as co-managers.

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Publication:Global Banking News (GBN)
Date:Oct 13, 2009
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