EverBank Financial Corp Announces Pricing of Sale of Shares of Common Stock by Selling Stockholder
November 29 2016 - 6:35AM
Business Wire
EverBank Financial Corp (NYSE:EVER) announced today the pricing
of its previously announced underwritten, secondary public offering
of 7,012,230 shares of its common stock by Sageview Partners L.P.
The Company will not sell any shares or receive any proceeds from
the offering and the total number of shares of its outstanding
common stock will not change as a result of the offering.
UBS Investment Bank is acting as the sole underwriter for the
offering. UBS Investment Bank may offer the shares of common stock
from time to time for sale in one or more transactions on the NYSE,
in the over-the-counter market, through negotiated transactions or
otherwise at market prices prevailing at the time of sale, at
prices related to prevailing market prices or at negotiated prices.
The last reported sale price of the Company’s common stock on
November 28, 2016 was $19.35 per share.
A shelf registration statement (including a prospectus) relating
to the offering of the common stock has been filed with the
Securities and Exchange Commission and has become effective. Before
investing, you should read the prospectus and other documents filed
with the Securities and Exchange Commission for information about
the Company and the offering. Copies of the prospectus and related
prospectus supplement, when available, may be obtained from: UBS
Securities LLC, Attention: Prospectus Department, 1285 Avenue of
the Americas, New York, NY 10019, telephone: (888) 827-7275. You
may also obtain these documents free of charge by visiting the
Securities and Exchange Commission's website at www.sec.gov.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall it
constitute an offer, solicitation or sale in any jurisdiction in
which such offer, solicitation or sale is unlawful.
Forward-Looking Statements
Any statements of the Company's expectations in this press
release constitute "forward-looking statements" as defined in the
Private Securities Litigation Reform Act of 1995 and such
statements are intended to be covered by the safe harbor provided
by the same. Such statements, including but not limited to those
regarding the offering, are based on currently available
information and are subject to various risks and uncertainties that
could cause actual results to differ materially from the Company's
present expectations. These risks and uncertainties include, but
are not limited to, market conditions affecting the offering.
Accordingly, you are cautioned that any such forward-looking
statements are not guarantees of future performance and are subject
to certain risks, uncertainties and assumptions that are difficult
to predict. Although we believe that the expectations reflected in
such forward-looking statements are reasonable as of the date made,
expectations may prove to have been materially different from the
results expressed or implied by such forward-looking statements.
Additional information regarding this and other risks is contained
in the Company's filings with the Securities and Exchange
Commission.
About EverBank Financial Corp
EverBank Financial Corp, through its wholly-owned subsidiary
EverBank, provides a diverse range of financial products and
services directly to clients nationwide through multiple business
channels. Headquartered in Jacksonville, Florida, EverBank
Financial Corp, and its consolidated subsidiaries had $28.7 billion
in assets and $19.6 billion in deposits as of September 30, 2016.
With an emphasis on value, innovation and service, EverBank offers
a broad selection of banking, lending and investing products to
consumers and businesses nationwide. EverBank provides services to
clients through the internet, over the phone, through the mail, at
its Florida-based financial centers and at other business offices
throughout the country.
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version on businesswire.com: http://www.businesswire.com/news/home/20161129005686/en/
EverBank Financial CorpInvestor Relations:Scott
Verlander,
904-623-8455Scott.Verlander@EverBank.comorMedia:Michael
Cosgrove, 904-623-2029Michael.Cosgrove@EverBank.com