Heartland’s retail shareholders offered a third of its capital raising
Heartland wants the opportunity to attract more institutional shareholders.
Jenny Ruth Tue, 13 Dec 2016
Heartland Bank’s mostly retail shareholder base won’t get the same opportunity to participate in its $30 million capital raising as institutional investors.
That’s because Heartland has opted to raise $20 million immediately from a placement to institutions and the remaining up to $10 million
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