Bank of Hawaii Corporation Announces Pricing of $180 Million Depositary Shares Offering
HONOLULU--(BUSINESS WIRE)--Bank of Hawaii Corporation (NYSE: BOH) today announced the pricing of a public offering of 7,200,000 depositary shares, each representing 1|40th ownership interest in a share of its 4.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, for gross proceeds of $180 million. Each share of preferred stock has a liquidation preference of $1,000 per share, equivalent to $25 per depositary share. The offering is expected to close on June 15, 2021, subject to c
Bank of Hawaii Corporation Announces Pricing of $180 Million Depositary Shares Offering
HONOLULU--(BUSINESS WIRE)--Bank of Hawaii Corporation (NYSE: BOH) today announced the pricing of a public offering of 7,200,000 depositary shares, each representing 1|40th ownership interest in a share of its 4.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, for gross proceeds of $180 million. Each share of preferred stock has a liquidation preference of $1,000 per share, equivalent to $25 per depositary share. The offering is expected to close on June 15, 2021, subject to c