Renasant Corporation Announces Pricing of $200 Million Offering of Common Stock

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In addition, the Corporation has granted the underwriters a 30-day option to purchase up to an additional 937,500 shares of common stock at the public offering price, less underwriting discounts.Stephens Inc.acted as lead book-running manager for the offering, and Raymond James & Associates, Inc.acted as joint book-running manager for the offering.

TUPELO, Miss., July 29, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE:RNST) (the "Corporation") today announced the pricing of its public offering of 6,250,000 shares of its common stock (the "common stock"), at a price to the public of $32.00 per share, for an aggregate offering amount of $200.0 million.

Securities and Exchange Commission (the "SEC") for the shares of common stock to which this communication relates and the Corporation will file a final prospectus supplement relating to the shares of common stock.

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Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets: United StatesGeorgia

Topics: RNST IPOs Press Releases News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 20:56:57 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 934 words

Reading Time: 6 minutes read

Sentences: 27 lines

Sentence Length: 35 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 21841427

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