Pinnacle files to raise $150M

By Geert De Lombaerde Posted on May 29, 2009 at 9:25 am

The largest bank headquartered in Nashville wants to hit up the market for what would be its biggest-ever capital raise. It’s more than likely that a chunk of the cash it raises will go toward repaying the $95 million it took on under TARP.

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Tags: bank capital, banking, Pinnacle Financial Partners Inc., Troubled Assets Relief Program  

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