CVB Financial Raises $132.5 Million From Sale Of Common Shares
July 28, 2009 (FinancialWire) — CVB Financial Corp. (NASDAQ: CVBF) has sold 22,655,000 in shares of its common stock at $5.85 per share in a public offering for gross proceeds to the company of around $132.5 million
The total includes the exercise by the underwriters of their overallotment option.
Ontario, California-based CVB Financial is the parent of Citizens Business Bank, which operates 41 business financial centers and five commercial banking centers in the Inland Empire, Orange and Los Angeles Counties and communities throughout the Central Valley of California.
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