Heritage Oaks registers $21 million preferreds for selling holders

By Jennifer Chiou

New York, May 7 - Heritage Oaks Bancorp registered 21,000 shares of series A fixed-rate cumulative perpetual preferred stock at a proposed maximum aggregate offering price of $21 million on behalf of selling holders, according to an S-1 filed with the Securities and Exchange Commission.

The registration also covers 611,650 shares of underlying common stock.

The company said that it will not receive any proceeds from the selling holders.

Heritage Oaks Bancorp is a holding company for Heritage Oaks Bank with headquarters in Paso Robles, Calif.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.