AmSouth Bancorp.
AmSouth Bancorp. filed a registration statement to issue up to two million shares of common stock in an offering to be underwritten by Salomon Brothers Inc. and Morgan Stanley & Co. Based on Tuesday's stock price of $29.75, the issue would raise close to $60 million in equity capital for the bank.
"The bank has nice ratings, and it's good time to raise capital," said Raymond Warner, a vice president at Salomon.