Nov. 5, 2009 (PR Newswire) --
COLUMBUS, Ohio, Nov. 5 /PRNewswire-FirstCall/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) www.huntington.com. The Huntington National Bank ("Huntington") announced the results to date of its offer to purchase subordinated bank notes having an aggregate principal amount up to $400,000,000 (the "Tender Offer"). As of 5:00 p.m., New York City time, on November 4, 2009, Huntington had received tenders of subordinated bank notes having an aggregate principal amount of $369,828,000 as set forth in the table below:
Aggregate
Acceptance Principal
CUSIP Maturity Priority Amount
Title of Security Numbers Date Level Outstanding
----------------- --------- -------- ---------- -----------
The Huntington 44643TAD9 February 1 $150,000,000
National Bank 28, 2019
5.375%
Subordinated Bank
Notes Due 2019
The Huntington 44643TAA5 June 15, 2(1) $200,000,000
National Bank 2018
6.60%
Subordinated Bank
Notes Due 2018
The Huntington 44643TAE7 February 3 $250,000,000
National Bank 15, 2016
5.50%
Subordinated Bank
Notes Due 2016
The Huntington 44643TAC1 January 15, 4 $200,000,000
National Bank 2014
4.90%
Subordinated Bank
Notes Due 2014
Total Principal
Amount Tendered As
of 5:00 p.m.,
Title of Security November 4, 2009
----------------- -------------------
The Huntington $74,284,000
National Bank
5.375%
Subordinated Bank
Notes Due 2019
The Huntington $74,019,000
National Bank
6.60%
Subordinated Bank
Notes Due 2018
The Huntington $146,952,000
National Bank
5.50%
Subordinated Bank
Notes Due 2016
The Huntington $74,573,000
National Bank
4.90%
Subordinated Bank
Notes Due 2014
(1) The maximum aggregate principal amount of The Huntington National
Bank 6.60% Subordinated Bank Notes Due 2018 to be accepted by Huntington
in the Tender Offer will be $150,000,000.
"We are very pleased with the response to date to the tender offer," said Stephen D. Steinour, chairman, president, and chief executive officer.
