Stradley Ronon Advises Customers Bank in $172.5M Common Stock Offering
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Stradley Ronon represented Customers Bancorp, a bank holding company that operates through its wholly owned banking subsidiary, Customers Bank, in its $172.5 million underwritten public offering of common stock. Customers intends to use the net proceeds from the offering to fund organic growth and for other general corporate purposes.
Pennsylvania-based Customers is one of the top-performing banking companies in the United States with more than $22 billion in assets.
