IBERIABANK Corporation announces that the underwriters for the recently announced follow-on public offering of 2,500,000 shares of its common stock have exercised in full their over-allotment option to purchase an additional 375,000 shares of the company’s common stock.
Stifel, Nicolaus & Company, Incorporated is acting as sole book-running manager for the offering. SunTrust Robinson Humphrey, Inc. is acting as co-lead manager and Sterne, Agee & Leach, Inc. is acting as co-manager.
The 2,875,000 shares of the company’s common stock in the offering, including the 375,000 shares subject to the over-allotment option, are being sold at a public offering price of $40.00 per share. The Company expects to close the offering on Tuesday, 16 December 2008.
L.D.