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Stock impact report

Old National Announces Pricing of Common Stock Offering [Yahoo! Finance]

Old National Bancorp (ONB) 
Last old national bancorp earnings: 4/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
public offering of 19,047,619 shares of its common stock, no par value (the “Common Stock”), at a public offering price of $21.00 per share (before underwriting discounts and commissions), for an aggregate offering amount of $400 million. The approximate net proceeds of the offering will be $384 million (before offering expenses, assuming the underwriters do not exercise their option to purchase additional shares and assuming full physical settlement of the forward sale agreement at the initial forward price) in connection with the forward sale agreement described below. The underwriters have been granted the option to purchase up to an additional 2,857,143 shares of Common Stock. If such option is exercised, then Old National plans to enter into an additional forward sale agreement with the forward purchaser in respect of the number of additional shares of Old National's Common Stock that is subject to the exercise of such option. The offering is expected to close on November 26, 2 Show less Read more
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