First Hawaiian, Inc. Announces Launch of Secondary Common Stock Offering

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Jul 30, 2018
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HONOLULU, July 29, 2018 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB) (the “Company”) today announced that an affiliate of BNP Paribas intends to offer 20 million shares of the Company’s common stock in an underwritten public offering. In addition, the selling stockholder intends to grant the underwriter a 30-day option to purchase up to an additional 3 million shares of the Company’s common stock. The Company will not be issuing any shares in connection with the offering and will not receive any proceeds from the offering.