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Tennessee bank FB Financial prices IPO at $19, above the range

September 15, 2016
FBK

FB Financial, a Tennessee bank with 45 branches and $2.9 billion in assets, raised $112 million by offering 5.9 million shares at $19, above the range of $16 to $18. FB Financial plans to list on the NYSE under the symbol FBK. J.P. Morgan, UBS Investment Bank and Keefe Bruyette Woods acted as lead managers on the deal.