Renasant Corporation, the parent of Renasant Bank, announced the commencement of an underwritten public offering of approximately $65 million of the Company's common stock. The Company also expects to grant to the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock sold in the offering.

Keefe, Bruyette & Woods, A Stifel Company, and Sandler O'Neill + Partners, L.P., will serve as joint bookrunning managers with Raymond James & Associates, Inc. and Stephens Inc. serving as co-managers. The shares will be issued pursuant to a prospectus supplement and prospectus filed as part of an effective shelf registration statement filed with the U.S. Securities and Exchange Commission on form S-3 (File No. 333-206966).

The Company expects to use the net proceeds of the offering for general corporate purposes, which may include providing capital to support growth organically or through strategic acquisitions of other financial institutions or businesses related to banking, repaying indebtedness, financing investments and capital expenditures, and for investments in Renasant Bank as regulatory capital.