Florida Community Bank’s parent wants to raise at least $208.8 million in IPO
07/22/2014 5:15 PM
07/22/2014 5:18 PM
Florida Community Bank’s parent, FCB Financial Holdings, plans to raise at least $208.8 million by offering 8.7 million shares, including 50 percent to insiders, according to new terms of its upcoming initial public offering filed with the Securities and Exchange Commission on Tuesday. It expects to price to be between $24 and $27.
The Weston-based bank, which operates 54 branches in Florida, had originally filed for a $150 million IPO.
FCB Financial Holdings plans to list its shares on the New York Stock Exchange under the symbol FCB.
Join the Discussion
Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.