Wilshire Bancorp, Inc (WIBC)

[mlkrborn]

4:03PM Wilshire Bancorp commences an underwritten public offering of approximately $100 mln of its common stock (WIBC) 3.66 +0.06 : A substantial portion of the net proceeds from the offering will be contributed to co as additional capital and the remaining net proceeds will be used to satisfy cash needs of co and for other general corporate purposes. J.P. Morgan Securities LLC will serve as book-running manager and Macquarie Capital (USA) Inc. will serve as co-manager for this offering.