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Wintrust Financial Corporation Announces Public Offering of Common Stock
ROSEMONT, Ill., June 07, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or the “Company”) (NASDAQ: WTFC) today announced that it has
About this update from Wintrust Financial Corporation
[{"type":"text","content":"ROSEMONT, Ill., June 07, 2022 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or the “Company”) (NASDAQ: WTFC) today announced that it has commenced an underwritten public offering of 2,700,000 shares of its common stock. All of the shares included in the offering are primary shares offered by the Company. Wintrust intends to grant the underwriters a 30-day option to purchase up to 405,000 additional shares of common stock. Wintrust intends to use the net proceeds from this offering for general corporate purposes. RBC Capital Markets, LLC and Raymond James & Associates, Inc. are acting as joint book-running managers for the offering. The shares are being offered pursuant to an effective shelf registration statement under the Securities Act of 1933, as amended. The offering is being made only by means of a prospectus and related preliminary prospectus supplement, copies of which may be obtained from RBC Capital Markets, LLC, Attention: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, New York 10281, telephone: (877) 822-4089, email: [email protected]; or Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, FL 33716, or by calling toll-free 1-800-248-8863. Investors may also obtain copies of these documents free of charge by visiting the Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov. This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. About Wintrust Wintrust is a financial holding company with assets of approximately $50 billion whose common stock is traded on the NASDAQ Global Select Market. Built on the “HAVE IT ALL” model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries, with over 170 banking locations located in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units, including business units which provide commercial and life insurance premium financing...