Treasury Department Announces Public Offering of Wintrust Financial Corporation Warrants

The U.S. Department of the Treasury announced today that it has commenced a secondary public offering of 1,643,295 warrants to purchase the common stock of Wintrust Financial Corporation WTFC. The proceeds of this sale will provide an additional return to the American taxpayer from Treasury's investment in the Company beyond the dividend payments it received on the related preferred stock. The offering is expected to price through a modified Dutch auction. Deutsche Bank Securities Inc. is the sole book-running manager for this offering. During the auction period, potential bidders for the warrants will be able to place bids at any price (in increments of $0.10) at or above the minimum bid price of $13.50 per warrant.
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