March 3, 2010 (FinancialWire) — Iberiabank Corp. (NASDAQ: IBKC) said that it has launched an underwritten public offering of $300 million of its common stock. Goldman, Sachs & Co. (NYSE: GS) and Keefe, Bruyette & Woods will serve as joint bookrunning lead managers.

The underwriters will have a 30-day option to purchase up to an additional 15 percent of the offered amount of common stock from the company, to cover over-allotments, if any. Stifel

The company plans to use the net proceeds from the proposed offering for general corporate purposes, including to fund possible future acquisitions of other financial services businesses (which may include FDIC-assisted transactions), working capital needs and investments in subsidiaries to support continued growth.

Louisiana-based Iberiabank is a multi-bank financial holding company with 209 combined offices, including 136 bank branch offices in Louisiana, Arkansas, Alabama, Tennessee, Texas and Florida, 26 title insurance offices in Arkansas and Louisiana, and mortgage representative offices in 47 locations in 12 states.

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