Recent initial public offerings in the Financial IPOs category.
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Slide #3. First Hawaiian, Inc. — Initial Public Offering
First Hawaiian, Inc.
Price Per Share:
First Hawaiian, Inc. (the "Company") announced today the pricing of the initial public offering of 21,086,957 shares of its common stock at a public offering price of $23.00 per share. The shares have been offered by an affiliate of BNP Paribas, the Company's parent. The selling stockholder has also granted the underwriters a 30-day option to purchase up to an additional 3,163,043 shares of the Company's common stock at the public offering price less the underwriting discount. The Company will not receive any of the proceeds from the sale of the shares by the selling stockholder. The offering is expected to close on August 9, 2016, subject to customary closing conditions. The Company's common stock is expected to begin trading on the NASDAQ Global Select Market on August 4, 2016, under the ticker symbol "FHB". Goldman, Sachs & Co., BofA Merrill Lynch and BNP Paribas are acting as global joint coordinators and underwriters for the offering. Barclays, Credit Suisse, Deutsche Bank Securities, J.P. Morgan, Citigroup, Morgan Stanley and UBS Investment Bank are acting as joint book-running managers and underwriters for the offering. BBVA, Commerzbank, HSBC, ING, Keefe, Bruyette & Woods, Banco Santander and Wells Fargo Securities are acting as co-lead managers and underwriters for the offering.