Marshall & Ilsley Corporation Announces Closing of Common Stock Offering
18 June 2009 - 4:40AM
PR Newswire (US)
MILWAUKEE, June 17 /PRNewswire-FirstCall/ -- Marshall & Ilsley
Corporation (NYSE:MI) (M&I) announced today the closing of its
public offering of 100,000,000 shares of its common stock at $5.75
per share. The 100,000,000 shares include 13,000,000 shares issued
pursuant to the option granted to the underwriters by M&I,
which was exercised in full. The proceeds to M&I after
deducting underwriting discounts and commissions and offering
expenses were approximately $552 million. Morgan Stanley & Co.
Incorporated and Barclays Capital Inc. acted as joint book-runners
for the offering. About Marshall & Ilsley Corporation Marshall
& Ilsley Corporation (NYSE:MI) is a diversified financial
services corporation headquartered in Milwaukee, Wis., with $61.8
billion in assets. Founded in 1847, M&I Marshall & Ilsley
Bank is the largest Wisconsin-based bank, with 193 offices
throughout the state. In addition, M&I has 53 locations
throughout Arizona; 33 offices in Indianapolis and nearby
communities; 36 offices along Florida's west coast and in central
Florida; 16 offices in Kansas City and nearby communities; 26
offices in metropolitan Minneapolis/St. Paul, and one in Duluth,
Minn.; and one office in Las Vegas, Nev. M&I's Southwest Bank
subsidiary has 17 offices in the greater St. Louis area. M&I
also provides trust and investment management, equipment leasing,
mortgage banking, asset-based lending, financial planning,
investments, and insurance services from offices throughout the
country and on the Internet (http://www.mibank.com/ or
http://www.micorp.com/). M&I's customer-based approach,
internal growth, and strategic acquisitions have made M&I a
nationally recognized leader in the financial services industry.
DATASOURCE: Marshall & Ilsley Corporation CONTACT: Greg Smith,
senior vice president, chief financial officer, +1-414-765-7727, or
Dave Urban, vice president, director of investor relations,
+1-414-765-7853, both of Marshall & Ilsley Corporation Web
Site: http://www.micorp.com/
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