Cadence Bancorporation, a commercial bank with 66 locations in Texas and the Southeast, raised $150 million by offering 7.5 million shares at $20, the midpoint of the range of $19 to $21. Cadence Bancorporation plans to list on the NYSE under the symbol CADE. Goldman Sachs, J.P. Morgan, Sandler O'Neill and Keefe Bruyette Woods acted as lead managers on the deal.
