Associated Banc-Corp (NYSE:ASB-C) Files An 8-K Other Events

Associated Banc-Corp (NYSE:ASB-C) Files An 8-K Other Events
Item 8.01. Other Events.

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On September18, 2018, the Board of Directors of Associated Banc-Corp (the “Company”) authorized the repurchase of up to $200 million of the Company’s shares of common stock. This repurchase authorization is in addition to the previously authorized repurchases. There remains $39 million under the previous authorizations, such that there is now approximately $239 million authorized in the aggregate. Repurchases under such authorizations are subject to regulatory limitations and may occur from time to time in open market purchases, block transactions, private transactions, accelerated share repurchases, or similar facilities.

On September19, 2018, the Company entered into an underwriting agreement (the “Underwriting Agreement”) with Merrill Lynch, Pierce, Fenner& Smith Incorporated and UBS Securities LLC, as representatives of the several underwriters named therein, with respect to the issuance and sale of 4,000,000 depositary shares (the “Depositary Shares”), each representing a 1/40 interest in a share of the Company’s 5.875 % Non-Cumulative Perpetual Preferred Stock, SeriesE, liquidation preference $1,000 per share (the “Preferred Stock Offering”).

The Preferred Stock Offering is more fully described in a prospectus supplement dated September19, 2018 to the prospectus dated April2, 2018 (the “Prospectus”) filed with the Securities and Exchange Commission on March18, 2015 as part of the Company’s Registration Statement on FormS-3 (Registration No.333-224096) (the “Registration Statement”). This Current Report on Form8-K is being filed to incorporate the Underwriting Agreement by reference into the Registration Statement. A copy of the Underwriting Agreement is attached as Exhibit1.1 to this Current Report on Form8-K and is incorporated by reference herein. The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to Exhibit1.1.

Item 8.01. Financial Statements and Exhibits.

(d)Exhibits

The following exhibit is being filed as part of this Report on Form8-K:


ASSOCIATED BANC-CORP Exhibit
EX-1.1 2 a18-30122_3ex1d1.htm EX-1.1 Exhibit 1.1   EXECUTION VERSION   $100,…
To view the full exhibit click here

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