Independent Bank Group, Inc. Announces Commencement Of Subordinated Notes Offering

CKINNEY, Texas, June 21, 2016 (GLOBE NEWSWIRE) — Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, today announced that it has commenced a public offering of its 5.875% Subordinated Notes Due August 1, 2024 (the “Notes”) in a reopening of the existing series of such notes.

Independent Bank Group plans to use the proceeds of the offering to augment Independent Bank’s capital and support its growth.

Sandler O’Neill + Partners, L.P. (“Sandler O’Neill”) and U.S. Bancorp Investments, Inc. are Joint Book-Running Managers for the Notes offering. Keefe, Bruyette & Woods, Inc., Stephens Inc. and Evercore ISI are Co-Managers in the transaction.

The Notes are being offered and sold pursuant to an effective shelf registration statement (File No. 333-196627), the prospectus included in the registration statement, and a preliminary prospectus supplement relating to the offering of the Notes filed with the Securities and Exchange Commission (the “SEC”), and a final prospectus supplement to be filed with the SEC contemporaneously with the pricing of the issue, if any. Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the offering can be obtained without charge by visiting the SEC’s website at www.sec.gov, or may be obtained from Sandler O’Neill + Partners, L.P. 1251 Avenue of the Americas, 6th Floor, New York, New York 10020, Attn: Syndicate Operations (1-866-805-4128); and U.S. Bancorp Investments, Inc. at 214 North Tryon Street, 26th Floor, Charlotte, NC 28202 (toll free: 1 877 558-2607).

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws or any such state or jurisdiction. Any offering of the Notes is being made only by means of a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. 

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