Central Pacific Financial completes $175M public secondary offering

Manatt lawyers represented Central Pacific Financial Corp. (CPF) in the secondary public offering of $175 million of common stock held by Carlyle Financial Services and Anchorage Capital, followed by the subsequent repurchase of $75 million of stock by CPF from Citigroup, which served as sole underwriter in the secondary offering.

Client

Central Pacific Financial Corp.

Service Type

Capital Market Finance

Industry

Financial & Insurance Services, Domestic Holding Company

Office

San Francisco, Los Angeles