Horizon Bancorp announces common stock offering, no amount given

Horizon Bancorp (HBNC), the parent company of Horizon Bank, announced that it has launched an underwritten public offering of shares of its common stock. Horizon intends to use the net proceeds from the offering for general corporate purposes, including in support of the potential repositioning of its balance sheet. Keefe, Bruyette & Woods, A Stifel Company and Performance Trust Capital Partners are acting as joint book-running managers for the offering.