New Issue: Treasury auctions $5.79 million Waukesha Bankshares TARP preferreds

By Stephanie N. Rotondo

Phoenix, Jan. 30 - The U.S. Department of the Treasury sold at auction $5.79 million of Waukesha Bankshares Inc.'s $1,000-par series A and B fixed-rate cumulative preferred stock issued under the Troubled Asset Relief Program.

The modified Dutch auction began Monday and ended Tuesday.

A total of 5,625 shares of the series A preferreds were priced at $926.90 per share and 169 shares of the series Bs were priced at $991.21 per share.

Total proceeds came to $5.38 million.

The Treasury will receive all proceeds.

Waukesha Bankshares is a Waukesha, Wis.-based financial institution.

Issuer:	Waukesha Bankshares Inc.
Total amount:	$5,794,000
Proceeds:	$5,381,327
Pricing date:	Jan. 29
Settlement dates:	Feb. 7-8
Series A fixed-rate cumulative preferred stock
Amount:	$5,625,000, or 5,625 shares
Securities:	Series A cumulative preferred stock
Maturity:	Perpetual
Price:	$926.90 per share
Par:	$1,000
Series B fixed-rate cumulative preferred stock
Amount:	$169,000, or 169 shares
Securities:	Series B cumulative preferred stock
Maturity:	Perpetual
Price:	$991.21 per share
Par:	$1,000

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