Polsinelli Represents First Interstate BancSystem in its $125 Million Public Offering of Investment Grade Debt
Polsinelli's Securities & Corporate Finance Group served as lead deal counsel for a recently completed $125 million registered offering of investment grade debt for its client, First Interstate BancSystem, Inc. (NASDAQ: FIBK).
The company, a financial and bank holding company that operates 300 banking offices across 14 states, intends to use the net proceeds from the offering to redeem $100 million of its outstanding subordinated notes and for general corporate purposes.
More information can be found here.
Scott A. Berdan, Kevin L. Vold, Tyler L. Weigel, Caroline C. Steck and Grace L. Panicola comprised the Securities & Corporate Finance team that counseled the company on the notes offering.