Sidley Advises on Central Bancompany’s US$373 Million Initial Public Offering

Sidley represented the underwriters in the initial public offering of 17,778,000 shares of Class A common stock of Central Bancompany, Inc., the bank holding company for The Central Trust Bank. The shares were priced at US$21.00 per share and began trading on the Nasdaq Global Select Market under the ticker symbol “CBC” on November 20, 2025; closing is expected on November 21, 2025, subject to the satisfaction of customary closing conditions. Central Bancompany has also granted the underwriters a 30-day option to purchase up to an additional 2,666,700 shares at the public offering price, less underwriting discounts.

Morgan Stanley & Co. LLC and Keefe, Bruyette & Woods, Inc., A Stifel Company, acted as joint lead book-running managers for the offering. BofA Securities, Piper Sandler & Co., and Stephens Inc. acted as joint bookrunners.

The Sidley team was led by Sam Gandhi and Rob Ryan (Capital Markets) and included Sonia Gupta Barros, Kunchok Yaklha, Jennifer Lin, Molly Lu, and Sidne Norman (Capital Markets); Corey Perry and Madeline Clasen (Employee Benefits and Executive Compensation); Benjamin Nager (Securities Enforcement and Regulatory); Michael Lewis, Kristin Lee, and Matthew Katz (Banking and Financial Services); Lauren Kitces and Stephanie Lim (Privacy and Cybersecurity); and Nicholas Brown, Ryan Kelly, and Michael Sliskovich (Tax).