UMB Financial Corporation UMBF, a diversified financial
holding company, today announced the pricing of an underwritten public
offering of 3,900,000 shares of its common stock at a price to the
public of $54.00 per share. In addition UMB has granted the underwriters
a 30-day option to purchase up to an additional 585,000 shares of common
stock. BofA Merrill Lynch served as the sole book-running manager for
the offering. Wells Fargo Securities served as co-manager for the
offering.
This offering of common stock is expected to close on September 16,
2013. The net proceeds to UMB, after deducting the underwriting discount
and estimated offering expenses, will be approximately $201.1 million
(or $231.4 million if
See full press release
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