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Renasant Files $150 Million Mixed Shelf

July 9, 2009 (FinancialWire) — Renasant Corp. (NASDAQ: RNST) said it has filed a shelf registration statement to allow the company to raise up to $150 million through the sale of common or preferred stock, warrants and units, or a combination thereof.

Specific terms and prices will be determined at the time of any offering under a separate prospectus supplement that the company will be required to file with the SEC at the time of the specific offering.

According to Renasant, the proceeds of the sale of securities, if and when offered, will be used for general corporate purposes, which could include the expansion of the company’s banking, insurance and wealth management operations as well as other business opportunities.

Tupelo, Mississippi-based Renasant is the parent of Renasant Bank and Renasant Insurance. As of March 31, Renasant had assets of around $3.8 billion and operated over 65 banking, mortgage, financial services and insurance offices in Mississippi, Tennessee and Alabama.

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