San Francisco-based BancWest Corp. completed the sale of 1,530,000 common shares of Honolulu-based First Hawaiian Inc. at $27.56 apiece.
The shares were sold pursuant to the underwriters' right to exercise their option to buy additional shares in connection with an underwritten public offering of 15,300,000 shares. First Hawaiian did not receive any proceeds from the share sale.
BancWest is a unit of French banking giant BNP Paribas SA.
