Heritage Financial Announces Closing of $57.6 Million Stock Offering

Heritage Financial HFWA today announced that it has raised $57.6 million through the previously announced public offering by issuing 4,427,500 shares of the Company's common stock, including 577,500 shares issued pursuant to the exercise of the underwriters' over-allotment option, at a price to the public of $13.00 per share. The net proceeds to the Company, after deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $54.1 million.