News Column

Great Western Bancorp, Inc. Files for Initial Public Offering

September 13, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- Great Western Bancorp, Inc. (GWB) announced that it has filed a registration statement (Form S-1) with the Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock currently held by National Americas Holdings, LLC, a wholly owned subsidiary of National Australia Bank Limited (NAB).

The number of shares to be offered and the price range for the proposed offering have not yet been determined.

GWB will be the holding company for Great Western Bank, a full-service regional bank focused on relationship-based business and agribusiness banking. The bank services its customers through 162 branches in seven states: South Dakota, Iowa, Nebraska, Colorado, Arizona, Kansas and Missouri.

The registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Deutsche Bank Securities and BofA Merrill Lynch are acting as joint book-running managers and underwriters.

When available, copies of the preliminary prospectus related to the offering may be obtained from: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, via telephone: (800) 503-4611 or via email: prospectus.cpdg@db.com; and BofA Merrill Lynch, Attention: Prospectus Department, 2222 Broadway, New York, NY 10038, via email: dg.prospectus_requests@baml.com.

Keywords for this news article include: Banking and Finance, Great Western Bancorp, Great Western Bancorp Inc.

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Source: Investment Weekly News


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