The Online Investor

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sat., May. 8, 6:39 AM

Slide #11. First Horizon Corporation Secondary Offering

Company: First Horizon Corporation (NYSE:FHN)
Date announced: 4/28/2021
Price Per Share: $25.00
Secondary Offering Details: First Horizon Corporation (NYSE: FHN) ("First Horizon") announced today a public offering of depositary shares, each representing 1/4,000th interest in a share of its Non-Cumulative Perpetual Preferred Stock, Series F, $100,000 liquidation preference per share (equivalent to $25 per depositary share). First Horizon may grant the underwriters a 30-day option to purchase additional depositary shares solely to cover over-allotments, if any. First Horizon intends to use the net proceeds of this offering to redeem in full the outstanding shares of its Non-Cumulative Perpetual Preferred Stock, Series A, and related depositary shares (NYSE: FHN PRA); any remainder will be used for general corporate purposes.

First Horizon is a bank holding company. Co. provides financial services primarily through its principal subsidiary, First Horizon Bank. Co.'s business segments include: regional banking, which provides financial products and services, including lending and deposit taking, to consumer and commercial clients primarily in the southern United States and other selected markets, as well as investment, wealth management, financial planning, trust and asset management services for consumer clients; and specialty banking, which includes asset-based lending, mortgage warehouse lending, commercial real estate, franchise finance, correspondent banking, equipment finance, mortgage, and title insurance.

FHN SEC Filing Email Alerts Service

Preferred: FHN.PRA


Open the FHN Page at The Online Investor »

Company Name: 
First Horizon Corp
Stock buyback: 
FHN buyback
Website: 
www.firsthorizon.com
Sector: 
Banking & Savings
Number of ETFs Holding FHN: 
78
Total Market Value Held by ETFs: 
$2.07B
Total Market Capitalization: 
$10.39B
% of Market Cap. Held by ETFs: 
19.91%
 

Open the FHN Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Strong Buy (3.70 out of 4)
69th percentile
(ranked higher than approx. 69% of all stocks covered)

Analysts' Target Price:
FHN Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.