Lafayette-based Iberiabank Corp. announced plans this week to raise $140 million in a public offering of common stock. According to an article on The Boston Globe’s Web site,
the company aims to use the cash for “possible future acquisitions, general corporate purposes, working capital and investment in its subsidiaries.”

The bank will need to sell in the neighborhood of 3.5 million shares of common stock to reach its goal.

To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at

The ABiz Entrepreneur of the Year Symposium
Entrepreneur-Symposium14 315x178
the Grid!


LA LA Land

Read the Flipping Paper!

Click Here for the Entire Print Version of
IND Monthly