December 3, 2019 — BancorpSouth Bank (NYSE:BXS) has completed a $150 million preferred stock offering of 5.50% Series A Non-Cumulative Perpetual Preferred Stock.
Based in Tupelo, Mississippi, BancorpSouth Bank issued 6,000,000 shares in the offering.
BancorpSouth Bank will use the proceeds for general corporate purposes, potentially including repurchases of shares of BancorpSouth’s common stock, future acquisitions and ongoing working capital needs.
The team from Janney included Greg Gersack, Head of Equity Capital Markets; Matthew Veneri, Co-Head of Investment Banking; Eric Lawless, Managing Director, FIG Group; Tom Bajus, Managing Director, Head of Fixed Income; Lozan Aleksandrov, Managing Director, Equity Capital Markets; Peter Reinhart, Managing Director, Fixed Income Capital Markets; and Brian Flaherty, Associate, FIG Group.
FIG Partners Is Now Part Of Janney
In June 2019, FIG Partners joined Janney Montgomery Scott LLC, a leader in middle-market financing solutions. Janney places a high value on its consistent track record of delivering solutions to clients. Janney works with clients on a highly-personalized basis, providing exceptional service, commitment and senior level attention. Click here for more information.