trending Market Intelligence /marketintelligence/en/news-insights/trending/aNFHehMLHPVVvf4Cf2aA8Q2 content esgSubNav
In This List

Friendswood Capital raises $19.5M

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Friendswood Capital raises $19.5M

Friendswood Capital Corp., the parent company of Houston-based Texan Bank NA, has closed a private placement for $19.5 million of its common and preferred stock.

The stock was sold to accredited investors from communities the bank serves and to institutional investors specializing in the banking sector.

Hovde Group LLC served as sole placement agent in the offering; Bracewell LLP was legal counsel.