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Prospect News home > News index > List of issuers M > Headlines for MetroCorp Bancshares, Inc. > News item
Published on 4/23/2012 in the Prospect News Preferred Stock Daily.

MetroCorp registers $45 million of preferreds for selling holders

By Jennifer Chiou

New York, April 23 - MetroCorp Bancshares, Inc. registered $45 million of series A fixed-rate cumulative perpetual preferred stock on behalf of selling holders in an S-3 filing with the Securities and Exchange Commission.

The Houston-based banking company will not receive proceeds from any of the periodic sales.


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