KBRA Comments on Cadence Bancorporation’s Merger with State Bank Financial Corporation

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases a comment on Cadence Bancorporation (NYSE: CADE, “Cadence” or “the Company”), which announced a definitive merger agreement with State Bank Financial Corporation (NASDAQ: STBZ or “State Bank”), headquartered in Atlanta, Georgia. Following the close of the transaction, State Bank and its subsidiary, State Bank and Trust Company, will be merged with and into Cadence. The all-stock transaction is valued at approximately $1.4 billi