Baird served as a book-running manager on this offering
AboutFidelity Southern Corporation (“Fidelity” or the “Company”) (NASDAQ: LION) recently completed a follow-on offering of 5,750,000 common shares at a price of $12.00 per share, generating gross proceeds of $69.0 million. The Company intends to use the net proceeds from the offering to redeem TARP preferred securities and certain trust preferred securities, and for general corporate purposes.
Fidelity Southern Corporation, through its operating subsidiaries Fidelity Bank and LionMark Insurance Company, provides banking services and credit-related insurance products through 32 branches in Atlanta, Georgia and Jacksonville, Florida, as well as, mortgage loans, automobile loans and small business administration loans provided through offices in 11 Southern states. Fidelity is headquartered in Atlanta, Georgia.
For additional information about this transaction, please contact:
- June 2013
- Fidelity Southern Corporation
- Technology & Services
- Target Geography
- North America
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