ConnectOne Bancorp Inc Files IPO For Up To $57.5 Million In Common Stock-DJ

Saturday, 12 Jan 2013 04:14am EST 

Dow Jones reported that ConnectOne Bancorp Inc. filed documents on January 11, 2013, to launch an initial public offering worth as much as $57.5 million. The Englewood Cliffs, N.J., bank concentrates business in commercial real estate and construction and business loans for small- and medium-size businesses. The Company said it plans to list shares on the Nasdaq Stock Market under the ticker symbold CNOB. The Company said in the filing that it plans to use proceeds from the offering to support growth in loan and investment portfolios, acquire other banks and for general purposes. Stifel Nicolaus Weisel, Keefe, Bruyette & Woods and Sandler O'Neill + Partners will serve as underwriters. 

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