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Hawaii News

Bank of Hawaii offering $180M in depositary shares

Bank of Hawaii Corp. said Wednesday it has priced its public offering of 7.2 million depositary shares for gross proceeds of $180 million. Each depositary share represents 1/40th ownership interest in a share of its 4.375% fixed rate, non-cumulative perpetual preferred stock, Series A. The offering is expected to close on June 15, subject to customary closing conditions. Read more

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