Columbus, Ohio-based HuntingtonBancshares Inc. on May 5 completed a public offering of 8 million depositaryshares, each representing a 0.025 ownership interest in a share of 6.250% seriesD noncumulative perpetual preferred stock.
Collectively, these depositary shares represent 200,000 sharesof the series D preferred stock, which each have a liquidation preference of $1,000.Net proceeds were listed at approximately $199.5 million.
The trade date was May 2, and the settlement date was May 5,according to a Form 8-K filed the same day. The depositary shares will be listedon the Nasdaq Global Select Market under the symbol HBANO.
Wells Fargo Securities LLC served as sole book-running manager.Merrill Lynch Pierce Fenner & Smith Inc., Morgan Stanley & Co. LLC, UBSSecurities LLC and The Huntington Investment Co. were joint lead managers.