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Heartland BancCorp Announces Completion of $30 Million Private Placement of Common Shares

Nov 20, 2018 - GlobeNewswire

WHITEHALL, Ohio, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Heartland BancCorp ("the Company,") (OTCQB: HLAN), today announced that it has completed a private placement of $30.0 million of the Company's common shares to certain institutional and select accredited investors at a price of $80.00 per share.  The Company expects to use the proceeds from the capital raise for general corporate purposes, including but not limited to supporting organic growth, facilitating potential expansion opportunities, ...