Customers Bancorp (CUBI) announced that it has launched an underwritten public offering of $150M of its voting common stock, $1.00 per share par value. Morgan Stanley, Keefe, Bruyette & Woods, A Stifel Company, and Raymond James & Associates, Inc. are serving as joint book-running managers for the offering.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CUBI:
- Customers Bancorp files automatic mixed securities shelf
- Positive Outlook and Increased Price Target for Customers Bancorp Amid Strong Q2 Results and Strategic Growth Initiatives
- Customers Bancorp price target raised to $62 from $55 at Stephens
- Customers Bancorp’s Earnings Call Highlights Robust Growth
- Customers Bancorp price target raised to $85 from $82 at B. Riley
