FIRST HAWAIIAN,INC. (NASDAQ:FHB) Files An 8-K Other Events
Item 8.01 Other Events.
On February1, 2019, BancWest Corporation (the “Selling Stockholder”), a subsidiary of BNP Paribas, completed the sale of 24,859,750shares of common stock, par value $0.01 per share (the “Common Stock”), of the Company to J.P. Morgan Securities LLC, as the underwriter of the public offering (the “Offering”).
In connection with the Offering, the Company entered into an Underwriting Agreement, dated January30, 2019 (the “Underwriting Agreement”), by and among the Company, BNP Paribas, the Selling Stockholder and J.P. Morgan Securities LLC, as the underwriter. As a result of the completion of the Offering, BNP Paribas (through the Selling Stockholder) has fully exited its stake in the Common Stock.
The Underwriting Agreement is filed as Exhibit1.1 to this Current Report on Form8-K. Exhibits 1.1 and 5.1 contained in Item 9.01 hereof are hereby incorporated by reference into the Registration Statement (File No.333-224745) to which the Offering has been registered with the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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ExhibitNo. |
Description |
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1.1 |
Underwriting Agreement, dated January30, 2019, by and among the Company, BancWest Corporation, BNP Paribas and J.P. Morgan Securities LLC. |
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5.1 |
Opinion of Sullivan& Cromwell LLP. |
FIRST HAWAIIAN, INC. Exhibit
EX-1.1 2 a19-3696_3ex1d1.htm EX-1.1 Exhibit 1.1 Execution Version First Hawaiian,…
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About FIRST HAWAIIAN,INC. (NASDAQ:FHB)
First Hawaiian, Inc. is a bank holding company. The Company’s subsidiary, First Hawaiian Bank, is a financial institution. The Company’s Retail Banking segment serves retail customers and small businesses and offers a range of products and services that include deposit products, mortgage and home equity lending, auto financing, business loans and wealth management services. Its Commercial Banking segment offers a range of financial products and services, including corporate banking, residential and commercial real estate lending, commercial lease financing, auto dealer financing, deposit products and credit cards. Its Treasury and Other segment includes its treasury business. The bank has approximately 57 branches throughout Hawaii, over three in Guam and approximately two in Saipan. It offers a range of banking services to consumer and commercial customers, including deposit products, lending services and wealth management, insurance, private banking and trust services.