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BRIEF-Byline Bancorp sees IPO of 5.7 mln shares of common stock to be priced between $19-$21/shr
June 19, 2017 / 10:56 AM / in a month

BRIEF-Byline Bancorp sees IPO of 5.7 mln shares of common stock to be priced between $19-$21/shr

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June 19 (Reuters) - Byline Bancorp Inc

* Sees ipo of 5.7 million shares of common stock to be priced between $19 and $21 per share - sec filing

* Byline bancorp inc says intends to use ipo net proceeds to repay outstanding balance under line of credit of about $16.2 million as of june 19

* Byline bancorp inc says intends to use ipo net proceeds to repurchase all outstanding shares of series a preferred stock for about $26.8 million Source text for Eikon: (bit.ly/2tjqKzo)

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