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National Bank Holdings prices IPO at $19.25, below its anticipated range

By Renaissance Capital,  September 19, 2012, 07:17:09 PM EDT

National Bank Holdings, which operates 101 full-service banking centers primarily in Kansas City and Colorado, raised $138 million by offering 7.2 million shares (100% insider) at $19.25, 8% below the initial range of $20.00 to $22.00. At its offer price the company has a fully diluted market value of approximately $1.0 billion. National Bank Holdings plans to list on the NYSE under the symbol NBHC. Goldman Sachs and Keefe Bruyette Woods acted as joint bookrunners 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: NBHC



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