Sandler O'Neill, Evercore and Wells Fargo Securities are bookrunners
By Devika Patel
Knoxville, Tenn., Nov. 7 – Triumph Bancorp, Inc. said it priced its $80.4 million initial public sale of stock with a $12.06 million greenshoe.
The company will sell 6.7 million common shares at $12.00 per share.
Sandler O'Neill + Partners, LP, Evercore and Wells Fargo Securities, LLC are the bookrunners.
The financial holding company is based in Dallas. The company intends to list its common stock on the Nasdaq under the symbol “TBK.”
| Issuer: | Triumph Bancorp, Inc.
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| Issue: | Common stock
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| Amount: | $80.4 million
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| Greenshoe: | $12.06 million
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| Shares: | 6.7 million
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| Price: | $12.00
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| Warrants: | No
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| Bookrunners: | Sandler O'Neill + Partners, LP, Evercore and Wells Fargo Securities, LLC
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| Co-managers: | Keefe Bruyette & Woods, Inc. and Nomura Securities International, Inc.
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| Pricing date: | Nov. 7
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| Stock exchange: | Nasdaq: TBK
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