Huntington Conducts $400M Stock Offering
The terms of the deal allow for underwriters to purchase an additional 14.3 million shares in the next 30 days, potentially adding $60 million to the sale.
“We are very pleased with the pricing and investor receptivity to this offering,” said Stephen D. Steinour, chairman, president and CEO of Huntington.
“As a result of this offering, our common equity position will be significantly strengthened,” he said.
Huntington commenced the...
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