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BNC Bancorp launches public common stock offering
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High Point,N.C.-based BNC Bancorpcommenced an underwritten public offering of its common stock.
Underwritersare also set to be given a 30-day option to purchase additional common shares.
Stephens Inc.is the sole book-running manager for the offering. Keefe Bruyette & Woods andSandler O'Neill & Partners LP are co-lead managers and FIG Partners LLC is servingas co-manager.
Proceeds fromthe offering will be used for general corporate purposes.