Renaissance Capital logo

Park Sterling Bank quiet period ends September 21

September 16, 2010

Park Sterling Bank, a recently formed commercial bank with three offices in North Carolina, will see its quiet period end on Tuesday, September 21. On August 12, the company raised $150 million by offering 23.1 million shares at $6.50, below the range of $9-$11. Keefe Bruyette Woods acted as lead manager on the deal.