Initial Public Offering

Technology & Services
Initial Public Offering

Summary

Baird served as a book-running manager on this offering.

About

StoneCastle Financial Corp. (“StoneCastle” or the “Company”) (NASDAQ-GS: BANX) recently completed an initial public offering of 4,525,000 common shares at a price of $25.00 per share, generating gross proceeds of approximately $113 million. The Company intends to use the net proceeds from this offering to purchase an initial portfolio of bank-issued preferred securities and make other new investments in community banks.

StoneCastle is a non-diversified, closed-end management investment company that has elected to be treated as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986. The Company’s investment objective is to provide stockholders with current income, and to a lesser extent capital appreciation, through preferred equity, subordinated debt and common equity investments in U.S. domiciled community banks. StoneCastle Financial is managed by its external advisor StoneCastle Asset Management LLC. StoneCastle is headquartered in New York, New York.

INVESTORS SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES ASSOCIATED WITH A FUND CAREFULLY BEFORE INVESTING. THIS AND OTHER INFORMATION IS AVAILABLE IN THE PROSPECTUS OR SUMMARY PROSPECTUS, WHICH CAN BE OBTAINED FROM YOUR FINANCIAL ADVISOR. THE PROSPECTUS OR SUMMARY PROSPECTUS SHOULD BE READY CAREFULLY BEFORE INVESTING.

For additional information about this transaction, please contact:

Mark Micklem (202) 303-1815
Gary Placek (414) 765-3611
Paul Egge (202) 303-1816
Technology & Services
Initial Public Offering
Date
November 2013
Company
StoneCastle Financial Corp.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

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