Independent Bank Group Prices 3.2M Share IPO at $26.00/Share

Independent Bank Group IBTX (the "Company") announced today that it has priced its initial public offering of 3,200,000 shares of common stock at $26.00 per share. Shares are expected to begin trading tomorrow, April 3, 2013, on the NASDAQ Global Market under the ticker symbol "IBTX." The underwriters have a 30-day option to purchase up to an additional 480,000shares from the Company at the initial public offering price less the underwriting discount. Sandler O'Neill + Partners, L.P. is acting as book-running manager for the offering. Evercore Partners and Keefe, Bruyette & Woods are acting as joint book-runners for the offering. The offering is being made only by means of a prospectus. Copies of the prospectus relating to the initial public offering may be obtained for free by visiting the Securities and Exchange Commission website at http://www.sec.gov. Alternatively, a copy of the prospectus relating to the initial public offering, when available, may be obtained from: Sandler O'Neill + Partners, L.P., 1251 Avenue of the Americas, 6th Floor, New York, NY 10020, Attention: Prospectus Department, or calling toll-free 1‑866-805-4128 or emailing syndicate@sandleroneill.com. A registration statement relating to these securities has been filed with the Securities and See full press release
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsGuidanceContractsAsset SalesManagementM&AGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!