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home / news releases / FRC - First Republic Bank launches 1.5M stock offering

FRC - First Republic Bank launches 1.5M stock offering

FIRST REPUBLIC BANK
First Republic Bank (FRC) agreed to sell 1.5M shares in an underwritten public offering; underwriters granted 30-day option to purchase up to an additional 225K shares.Net proceeds to be used for general corporate purposes, which may include, among other things, funding loans or purchasing investment securities for its portfolio.Offer closing expected on or about Mar.4.

For further details see:

First Republic Bank launches 1.5M stock offering
Stock Information
Company Name: FIRST REPUBLIC BANK
Stock Symbol: FRC
Market: NYSE
Website: firstrepublic.com
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