Marshall & Ilsley (NYSE:MI)
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Marshall & Ilsley Corporation Commences Stock Offering
MILWAUKEE, Nov. 29 /PRNewswire-FirstCall/ -- Marshall & Ilsley Corporation
(M&I) (NYSE:MI) today commenced a public offering of 3,599,700 shares of common
stock.
The net proceeds of the offering will be approximately $150 million. M&I
intends to use the proceeds for general corporate purposes, including
maintaining capital at desired levels and providing long-term financing for
recently completed acquisitions by Metavante Corporation, M&I's financial
technology subsidiary.
The managing underwriters for the offering are Citigroup Global Markets, Inc.
and Robert W. Baird & Co. Incorporated.
A copy of the final prospectus can be obtained from Citigroup Global Markets,
Inc., Attention: Prospectus Department, 140 58th Street, 8th Floor, Brooklyn,
New York, 11220, or by calling (718) 765-6732.
Marshall & Ilsley Corporation (NYSE:MI) is a diversified financial services
corporation headquartered in Milwaukee, Wis., with $39.0 billion in assets.
Founded in 1847, M&I Marshall & Ilsley Bank has the largest banking presence in
Wisconsin with 196 offices throughout the state. In addition, M&I has 33
locations throughout Arizona; 11 offices in metropolitan Minneapolis/St. Paul,
and one location in Duluth. Minn.; Las Vegas, Nev.; and Naples and Bonita
Springs, Fla. M&I's Southwest Bank affiliate has six offices in the St. Louis
area, and one office in Belleville, Ill. Metavante Corporation, Marshall &
Ilsley Corporation's wholly owned technology subsidiary, provides virtually all
of the technology an organization needs to offer financial services. 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: John Presley, chief financial officer of Marshall & Ilsley
Corporation, +1-414-765-7833
Web site: http://www.micorp.com/
http://www.mibank.com/