Anchor BanCorp Wisconsin Inc.: Announces pricing of initial public offering of common stock

MADISON, Wis., Oct. 21, 2014 (GLOBE NEWSWIRE) — Anchor BanCorp
Wisconsin Inc. (the “Company”), the parent holding company of
AnchorBank, fsb, today announced the pricing of its initial public
offering of 371,959 shares of its common stock at a price to the public
of $26.00 per share. The Company is offering 250,000 shares of common
stock and selling stockholders are offering 121,959 shares of common
stock. In addition, the Company has granted the underwriters an option
to purchase up to an additional 55,794 shares of common stock from the
Company to cover over-allotments. The shares are expected to begin
trading on October 22, 2014 on the NASDAQ Global Select Market under
the symbol “ABCW.” The offering is expected to close on October 27,
2014, subject to the satisfaction of customary closing conditions.

The Company intends to use the net proceeds from the offering for
general corporate purposes. The Company will not receive any proceeds
from the offering of shares by the selling stockholders.

Sandler O’Neill + Partners, L.P. is acting as book-running manager for
the offering, and Robert W. Baird & Co. Incorporated is acting as
co-manager.

A registration statement relating to these securities has been filed
with, and on October 21, 2014 was declared effective by, the U.S.
Securities and Exchange Commission. The offering is being made only by
means of a prospectus. Copies of the final prospectus relating to the
offering may be obtained from Sandler O’Neill + Partners, L.P.,
Attention: Prospectus Department, 1251 Avenue of the Americas, 6th
Floor, New York, New York 10020, telephone: 1-866-805-4128 or email:
[email protected]; or Robert W. Baird & Co. Incorporated
Attention: Syndicate Department, 777 E. Wisconsin Avenue, Milwaukee,
Wisconsin 53202, telephone: 800-792-2473 or email:
[email protected]

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 these
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.