Green Bancorp prices IPO at $15, the low end of the range

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Green Bancorp, a Texas bank with 12 branches and $1.8 billion in assets in the Houston, Dallas and Austin MSAs, raised $70 million by offering 4.7 million shares at $15, the low end of the $15-$17 range. At its offer price, Green Bancorp has a fully diluted market cap of $399 million. Green Bancorp will list on the NASDAQ under the symbol GNBC. Sandler O'Neill and Jefferies & Co. acted as lead managers on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: News Headlines , IPOs

Referenced Stocks: GNBC

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