trending Market Intelligence /marketintelligence/en/news-insights/trending/ONxZLoi1fsDe3oufKGO8yA2 content esgSubNav
In This List

Banc of California commences public voting common stock offering

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Banc of California commences public voting common stock offering

Irvine, Calif.-based Bancof California Inc. commenced a registered underwritten public offeringof 5,250,000 of its voting common shares, according to a May 5 news release.

UBS Investment Bank, which has a 30-day option to purchase 787,500additional shares, is the sole underwriter of the offering.

Net proceeds are expected to be used for general corporate purposes.