October 21, 2009 (FinancialWire) — Hancock Holding Company (NASDAQ: HBHC) has commenced an underwritten registered public offering of approximately $150 million in common stock.

Hancock Holding company intends to grant the underwriters an option to purchase up to an additional 15 percent of the shares sold to cover over-allotments, if any.

Keefe, Bruyette & Woods, Inc. and Morgan Stanley are acting as joint lead book-running managers. Sterne Agee & Leach, Stifel Nicolaus & Co. and FIG Partners will serve as co-managers.

The shares will be issued pursuant to a prospectus supplement filed as part of a shelf registration statement filed with the Securities and Exchange Commission on form S-3. The company intends to use the net proceeds from this offering for general corporate purposes, which may include financing acquisition opportunities.

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