On September 7, 2017, Synovus Financial Corp. (“Synovus”) issued a press release (the “Press Release”) announcing that on September 6, 2017 its wholly-owned subsidiary, Synovus Bank, received approval from the Board of Governors of the Federal Reserve System to complete the transactions contemplated by the previously announced Framework Agreement, dated April 17, 2017 (the “Framework Agreement”), by and among Synovus Bank, Cabela’s Incorporated, a Delaware corporation, World’s Foremost Bank, a Nebraska banking corporation, Capital One Bank (USA), National Association and Capital One, National Association, a national banking association.

The transactions contemplated by the Framework Agreement are expected to close on or before the end of the third quarter of 2017, subject to the satisfaction or waiver of the customary closing conditions outlined in the Framework Agreement.

A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report.

to General Instruction F to Current Report on Form 8-K, the Press Release attached to this Current Report asExhibit 99.1 is incorporated into this Item 7.01 by this reference. The information contained in this Item 7.01, including the information set forth in the Press Release filed asExhibit 99.1to, and incorporated into, this Current Report, is being “furnished” and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that Section. The information inExhibit 99.1furnished to this Item 7.01 shall not be incorporated by reference into any registration statement or other documents to the Securities Act of 1933, as amended, or into any filing or other document to the Exchange Act except as otherwise expressly stated in any such filing.

Forward-Looking Statements

The statements in this Current Report relating to the timing of the closing of the transactions contemplated by the Framework Agreement constitutes a “forward-looking statement” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Prospective investors are cautioned that forward-looking statements are not guarantees of future events and involve known and unknown risks and uncertainties which may cause the actual events to be materially different from the forward-looking statement. Forward-looking statements are based on the information known to, and current beliefs and expectations of, Synovus’ management and are subject to significant risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this Current Report. Many of these factors are beyond Synovus’ ability to control or predict.

These forward-looking statements are based upon information presently known to Synovus’ management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risk that the closing conditions to the proposed transaction may not be satisfied, and the length of time necessary to consummate the proposed transaction. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law.

Item 7.01 Financial Statements and Exhibits

(d)Exhibits

SYNOVUS FINANCIAL CORP Exhibit
EX-99.1 2 exhibitto8-kpressrelease.htm EXHIBIT 99.1 Document Exhibit 99.1For Immediate Release                 Contact: Lee Underwood Media Relations (706) 644-0528Synovus Receives Regulatory Approval to Complete Cabela’s TransactionCOLUMBUS,…
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About Synovus Financial Corp. (NYSE:SNV)

Synovus Financial Corp. is a financial services and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services to its customers through over 30 locally branded banking divisions of its subsidiary bank, Synovus Bank, and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. Synovus Bank offers commercial banking services and retail banking services. Its commercial banking services include cash management, asset management, capital markets services, institutional trust services and commercial, financial and real estate loans. Its retail banking services include accepting customary types of demand and savings deposits accounts; mortgage, installment and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services, and bank credit card services.

Synovus Financial Corp. (NYSE:SNV) Recent Trading Information

Synovus Financial Corp. (NYSE:SNV) closed its last trading session up +0.67 at 41.18 with 1,384,935 shares trading hands.