New Issue: Western Alliance raises $30.17 million in placement of shares

By Devika Patel

Knoxville, Tenn., June 27 - Western Alliance Bancorporation said it completed a $30.17 million private placement of stock.

The company sold 3.8 million common shares at $7.94 per share.

Western Alliance, based in Las Vegas, is a bank holding company.

Issuer:	Western Alliance Bancorporation
Issue:	Common stock
Amount:	$30,172,000
Shares:	3.8 million
Price:	$7.94
Warrants:	No
Settlement date:	June 27
Stock symbol:	NYSE: WAL
Stock price:	$8.11 at close June 26

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