Two bank holding companies set IPO price ranges talinec holdings ltd
- 12 years ago
(Reuters) - Two bank holding companies on Monday set price ranges for initial public offerings, in a sign that IPO activity is picking up in the financial sector after a slow year so far.
In the larger of the two planned IPOs, Capital Bank Financial Corp, a holding company started by former Bank of America Corp (BAC.N) executives in the aftermath of the financial crisis, said it plans to sell 11.4 million shares at between $21 and $23 each.
National Bank Holdings Corp, led by a former Bank of America Corp and Regions Financial Corp (RF.N) executive, said it plans to sell 7.2 million shares at $20 to $22 apiece.
In the larger of the two planned IPOs, Capital Bank Financial Corp, a holding company started by former Bank of America Corp (BAC.N) executives in the aftermath of the financial crisis, said it plans to sell 11.4 million shares at between $21 and $23 each.
National Bank Holdings Corp, led by a former Bank of America Corp and Regions Financial Corp (RF.N) executive, said it plans to sell 7.2 million shares at $20 to $22 apiece.