Signature Prices $250M Capital Raise

Jul 6, 2011   //   by email signature - Yahoo! Canada Search Results   //   News  //  Comments Off
NEW YORK (TheStreet) -- Shares of Signature Bank were down 2% to $57.30 in heavy trading early Wednesday, after the New York City lender priced a public offering of 4.1 million common shares at $56.25. The company announced Tuesday that Bank of America Merrill Lynch would act as sole book-running manager, and that Barclays and JPMorgan Chase were expected to act as co-managers. The underwriters ...

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