DUBUQUE, Iowa, Nov. 02, 2016 (GLOBE NEWSWIRE) -- Dubuque, IA-based Heartland Financial USA, Inc. ("Heartland" or the "Company") (NASDAQ:HTLF) announced today that it has commenced a public offering of approximately 1.4 million shares of its common stock. All of the shares included in the offering are primary shares offered by the Company. Heartland intends to use the net proceeds from this offering for general corporate purposes, which may include, among other things, working capital, debt repayment or financing potential acquisitions. Raymond James & Associates, Inc. is serving as the sole underwriter for the offering. The last reported sale price on the NASDAQ Global Select Market ("NASDAQ") of Heartland Financial USA, Inc. common stock on November 1, 2016, was $38.25 per share. Raymond James & Associates, Inc. proposes to offer the shares from time to time for sale in one or more transactions on the NASDAQ Global Select Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The shares are being offered pursuant to an effective shelf registration statement under the Securities Act of 1933, as amended. The offering is being made only by means of a prospectus and related preliminary prospectus supplement, copies of which may be obtained from the offices of Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, Florida 33716, or by calling toll-free: 1-800-248-8863. Investors may also obtain copies of these documents free of charge by visiting the SEC's website at www.sec.gov. This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of any 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 such state or jurisdiction.