Market Overview

Regional Management Prices 2.040M Share Offering at $31.00/Share

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Regional Management Corp. (NYSE: RM) announced today that: (i) Palladium Equity Partners
III, L.P., an existing stockholder of the Company and an affiliate of
Palladium Equity Partners; (ii) Parallel 2005 Equity Fund, LP, an
existing stockholder of the Company and an affiliate of Parallel
Investment Partners; (iii) entities affiliated with Richard A. Godley, a
director, existing stockholder and founder of the Company; and (iv) C.
Glynn Quattlebaum, President and Chief Operating Officer of the Company
and an existing stockholder and founder of the Company, have priced the
previously announced underwritten public offering of 2,040,065 shares of
the Company's common stock at $31.00 per share. Regional Management will
not receive any proceeds from the offering. The closing

See full press release

Posted-In: News Guidance Offerings Management Global

 

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