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Old Second Bancorp (OSBC) in Aurora, Ill., is tempering its expectations for its planned public offering.
April 4 -
Old Second Bancorp (OSBC) in Aurora, Ill., is set to begin a stock offering that could help it dig out of a deep capital hole.
January 17 -
Old Second Bancorp (OSBC) in Aurora, Ill., joined the growing list of banks benefiting from the recapture of its deferred-tax asset valuation allowance.
October 24
Old Second Bancorp (OSBC) in Aurora, Ill., has raised $59.4 million through a public offering.
The $2 billion-asset company said in a press release Tuesday that it sold 13.5 million shares of common stock at $4.40 each. Old Second also gave underwriters a 30-day option to buy an additional 2 million shares of common stock to cover any over-allotments.
The company originally
Old Second plans to use
Keefe, Bruyette & Woods was sole book-running manager in the offering. Sandler O'Neill and FIG Partners served as co-managers.