Sterling Bank Commences Public Offering. (27-APR-05) PR Newswire

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Sterling Bank Commences Public Offering.

Publication: PR Newswire

Publication Date: 27-APR-05

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MOUNT LAUREL, N.J., April 27 /PRNewswire-FirstCall/ -- Sterling Bank announced today that it had commenced a public offering of 1,250,000 shares of its common stock. Janney Montgomery Scott LLC is the managing underwriter of the firm commitment offering. The Bank has granted to the underwriters a 30-day option to purchase up to 187,500 additional shares of common stock to cover over-allotments, if any. The common stock trades on the Nasdaq...

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