PNC Launches Secondary

PNC indeed has launched a $3 billion secondary. I believe other regionals will follow. The sector has had an amazing run for the past month. I believe that run is now over.


CP said...

The cusp of another leg down is a great time to raise equity. Why not batten down the hatches and raise equity before the storm hits?

PJ said...

An odd bit of information:

Seems like a puzzle to which a supply/demand analyst would like to know the answer.