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HomeStreet completes equity offering

Seattle-based HomeStreet Inc. completed its sale of $60 million of its common stock under an at-the-market equity offering program.

Settlement for the offering is set to be completed Dec. 13.

Net proceeds are expected to be roughly $58.6 million, which will go to general corporate use, growth and possible acquisitions in the future.

FBR Capital Markets & Co. and Keefe Bruyette & Woods Inc. served as sales agents.