CINCINNATI, Aug. 20, 2015 /PRNewswire/ -- First
Financial Bancorp (Nasdaq: FFBC) ("First Financial" or the
"Company") announced today that it plans to offer, subject to
market and other conditions, subordinated notes due 2025 (the
"Subordinated Notes") in an underwritten public offering. The
Company intends to use the net proceeds from the offering for
general corporate purposes, including potential stock repurchases
and capital to support growth.
RBC Capital Markets is serving as sole book-running manager for
the offering. The offering will be made only by means of a
prospectus supplement and an accompanying prospectus describing the
terms of the offering. Copies of the prospectus and, when
available, the prospectus supplement relating to the offering may
be obtained by contacting RBC Capital Markets, LLC by email:
rbcnyfixedincomeprospectus@rbccm.com or by telephone (toll-free):
1-866-375-6829. The prospectus and, when available, the
prospectus supplement may also be obtained from the U.S. Securities
and Exchange Commission's website at http://www.sec.gov.
This announcement is neither an offer to sell nor the
solicitation of an offer to buy any of the Subordinated Notes or
any other securities. No such offer, solicitation or sale of
the Subordinated Notes is being made in any jurisdiction in which
such an offer, solicitation or sale would be unlawful. A
registration statement relating to the Subordinated Notes has been
filed with the Securities and Exchange Commission and is
effective.
About First Financial Bancorp
First Financial Bancorp
is a Cincinnati, Ohio based bank
holding company. As of June 30,
2015, the Company had $7.4
billion in assets, $4.9
billion in loans, $5.7 billion
in deposits and $802 million in
shareholders' equity. The Company's subsidiary, First
Financial Bank, N.A., founded in 1863, provides banking and
financial services products through its four lines of business:
commercial, consumer, wealth management and mortgage. The
commercial, consumer and mortgage units provide traditional banking
services to business and retail clients. First Financial
Wealth Management provides wealth planning, portfolio management,
trust and estate, brokerage and retirement plan services and had
approximately $2.4 billion in assets
under management as of June 30, 2015. The Company's
strategic operating markets are located in Ohio, Indiana
and Kentucky where it operates 106
banking centers. Additional information about the Company,
including its products, services and banking locations, is
available at www.bankatfirst.com.
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SOURCE First Financial Bancorp