Reuters logo
2 months ago
BRIEF-Midsouth Bancorp reports public offering of common stock
June 7, 2017 / 8:10 PM / 2 months ago

BRIEF-Midsouth Bancorp reports public offering of common stock

June 7 (Reuters) - Midsouth Bancorp Inc:

* Midsouth Bancorp, Inc. announces public offering of common stock

* Midsouth Bancorp Inc - commenced a public offering of $50.0 million of its common stock through a firm commitment underwritten offering

* Midsouth Bancorp Inc - to use about $32.0 million of net proceeds of offering to redeem all of its outstanding series b preferred stock issued to U.S. Treasury

* Midsouth Bancorp-intends to use remaining portion of net proceeds from this offering to enhance its capital structure, to fund future organic growth Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below