Butterfield Announces Pricing of Registered Offering of $75,000,000 5.25% Fixed to Floating Rate Subordinated Notes due 2028
The offering is expected to close on or about 24 May 2018, subject to the satisfaction of customary closing conditions.
Sandler O’Neill & Partners and Wells Fargo Securities are acting as the joint book-running managers.
This offering is being made only by means of a prospectus and related prospectus supplement. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained from Sandler O’Neill & Partners, L.P., 1251 Avenue of the
A registration statement relating to these securities has been filed with, and declared effective by, the SEC. This News Release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This News Release contains forward-looking statements, including with respect to the registered offering. Forward-looking statements may generally be identified by the use of words such as "anticipate," "believe," "expect," "intend," "plan," and "will" or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. As a result, actual events may differ materially from those expressed in or suggested by the forward-looking statements. Any forward-looking statement made by
About
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The Bank of N.T. Butterfield & Son Limited
Investor Relations Contact
Noah Fields, 441-299-3816
Vice President, Investor Relations
[email protected]
Fax: 441-295-1220
or
Media Relations Contact
Mark Johnson, 441-299-1624
Vice President, Group Head of Communications
[email protected]
Cellular: 441-524-1025
Fax: 441-295-3878
Source: The Bank of N.T. Butterfield & Son Limited