Investar Holding Corporation Announces Launch of Roadshow for an Initial Public Offering

BATON ROUGE, La.--()--Investar Holding Corporation ("Investar") today announced that it plans to commence a road show on June 20, 2014 for the proposed initial public offering of shares of its common stock. Investar has filed a registration statement with the Securities and Exchange Commission to offer 2,875,000 shares of its common stock to the public. The initial public offering price is currently expected to be between $15.00 and $17.00 per share. The underwriters have an option to purchase an additional 431,250 shares of common stock at the initial public offering price less the underwriting discount, within 30 days from the date of the offering. An application has been made to list the common stock of Investar on the NASDAQ Global Market under the symbol "ISTR."

Investar intends to use the net proceeds generated by this offering primarily to support growth in its loan and investment securities portfolio, to repay amounts outstanding under its line of credit, to bolster its capital in light of the heightened capital standards under the Basel III accord, to permit future strategic acquisitions and for other general working capital and corporate purposes.

Sandler O’Neill & Partners L.P. will serve as sole book-running manager for the offering and Sterne, Agee & Leach, Inc. will serve as the co-lead manager.

The offering of common stock will be made only by means of a prospectus. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

When available, a copy of the preliminary prospectus relating to the proposed initial public offering may be obtained from:

Sandler O'Neill + Partners, L.P.
Prospectus Department
1251 Avenue of the Americas, 6th Floor,
New York, New York 10020
Phone: 1-866-805-4128
Email: syndicate@sandleroneill.com

Sterne, Agee & Leach, Inc.
Attn: Capital Markets
277 Park Avenue, 24th Floor,
New York, New York 10172
syndicate@sterneagee.com
Phone: (212) 338-4708

About Investar

Investar Bank had total assets of $673 million as of March 31, 2014. It has 10 branches serving 4 markets in southeast Louisiana: the Baton Rouge area (2 branches in Baton Rouge, 1 in Port Allen and 1 in Prairieville), Livingston and Tangipahoa parishes (1 in Denham Springs and 1 in Hammond), the New Orleans area (1 in Metairie), the Northshore (2 in Mandeville), and the Lafayette area (1 in Lafayette).

Forward-Looking Statements

This press release includes "forward-looking statements," including with respect to the proposed initial public offering and the company's proposed use of proceeds. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek," "comfortable with," "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

Contacts

Investar Bank
John D'Angelo, 225-448-5461

Release Summary

Investar Holding Corporation ("Investar") announced that it plans to commence a road show on June 20, 2014 for the proposed initial public offering of shares of its common stock.

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Contacts

Investar Bank
John D'Angelo, 225-448-5461