West Coast Bancorp Raises $155 Million in Capital Through Private Placements

  • Posted: 10/26/2009
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LAKE OSWEGO, Ore.–(PRNewswire-FirstCall)–West Coast Bancorp (Nasdaq: WCBO) (“WCB” or the “Company”) today announced that it has received capital investments with gross aggregate proceeds in the amount of $155.0 million, $134.2 million of which has been contributed to its wholly owned banking subsidiary, West Coast Bank. “The capital raise enhances West Coast Bank’s capital position and increases its pro forma total CONTINUE READING >>