Printer Friendly

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 - http://www.enpublishing.co.uk

Global Banking News - 13 October 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

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.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))
COPYRIGHT 2009 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Oct 13, 2009
Words:173
Previous Article:Broadway Financial Corporation declares dividend.
Next Article:Bank of America to re-launch Merrill Lynch Wealth Management.
Topics:


Related Articles
Stifel Financial announces pricing of public offering.
Tower Bancorp closes underwriters' over-allotment option.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters