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Western Alliance files mixed shelf


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Western Alliance files mixed shelf

Phoenix-based Western Alliance Bancorp. filed a shelf registration statement for the sale of an unspecified amount of various securities that may be offered and sold by the company from time to time or by one or more selling security holders to be identified in the future.

The securities include debt securities, common stock, preferred stock, depositary shares, purchase contracts, warrants and units.

Western Alliance intends to use the net proceeds for general corporate purposes, potentially including making credit extensions to the company's banking subsidiary Western Alliance Bank and other subsidiaries; refinancing debt; and funding acquisitions if opportunities for such deals are available, among other things.