First PacTrust Bancorp reports plans to price public sale of shares

Robert W. Baird is bookrunner; D.A. Davidson, Wunderlich also assist

By Devika Patel

Knoxville, Tenn., June 22 - First PacTrust Bancorp, Inc. said it will price a public offering of stock.

The company will sell 1,583,641 common shares. It also has allotted an additional 237,546 shares for the greenshoe.

Robert W. Baird & Co. Inc. is the bookrunning manager and D.A. Davidson & Co., FIG Partners, LLC and Wunderlich Securities, Inc. are co-managers.

Proceeds will be used for general corporate purposes, which may include investments, capital infusions to support the growth, acquisitions or other business combinations and other business opportunities.

The savings and loan holding company is based in Chula Vista, Calif.

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