Home Federal Bancorp, Inc. of Louisiana Announces $19.45 Million Offering

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Home Federal Bancorp, Inc. of Louisiana
HFBL
, holding company for Home Federal Bank, announced that it had completed the conversion of Home Federal Bank from the mutual holding company form of organization to the fully public stock holding company form of organization and the concurrent public stock offering. As a result of the conversion and offering, the newly formed holding company for Home Federal Bank, Home Federal Bancorp, Inc. of Louisiana, a Louisiana corporation, became the holding company for Home Federal Bank, and Home Federal Mutual Holding Company of Louisiana and existing Home Federal Bancorp, Inc. of Louisiana, a federal corporation, ceased to exist. As part of the conversion, each share of Home Federal Bancorp, other than those owned by Home Federal Mutual Holding Company of Louisiana and treasury stock,has been converted into the right to receive 0.9110 of a share of the newly formed Home Federal Bancorp common stock and will no longer trade on the OTC Bulletin Board.
Posted In: NewsOfferings
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