CVB Financial Raises $132.5 Million From Sale Of Common Shares
July 28, 2009 (FinancialWire) — CVB Financial Corp. (NASDAQ: CVBF) has sold 22,655,000 in shares of its common stock at $5.85 per share in a public offering for gross proceeds to the company of around $132.5 million
The total includes the exercise by the underwriters of their overallotment option.
Ontario, California-based CVB Financial is the parent of Citizens Business Bank, which operates 41 business financial centers and five commercial banking centers in the Inland Empire, Orange and Los Angeles Counties and communities throughout the Central Valley of California.
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.
Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
