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Two private-equity investors have priced their offering of shares in Central Pacific Financial in Honolulu.
June 5 -
Central Pacific Financial in Honolulu has named Catherine Ngo chief executive and also appointed a new chief financial officer.
June 4 -
Two investors in Central Pacific Financial are planning to sell 7.6 million shares in the Honolulu company
March 27
Anchorage Capital Group and Carlyle Group have priced their final offering of common stock in Central Pacific Financial in Honolulu.
The two private-equity investors will offer about 5.5 million shares in the $5 billion-asset holding company for Central Pacific Bank. Anchorage and Carlyle will no longer beneficially own shares after the offering.
The offering is expected to close by Aug. 7. The shares will be offered and sold under an effective shelf registration statement. Citigroup and UBS Investment Bank are the joint underwriters.
Anchorage and Carlyle first agreed to invest in Central Pacific in 2010 and have been selling shares since April 2014.
