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| ONB > SEC Filings for ONB > Form 8-K on 11-May-2009 | All Recent SEC Filings |
11-May-2009
Entry into a Material Definitive Agreement, Other Events, Financial Sta
On May 8, 2009, Old National Bancorp (the "Company") entered into a Warrant Repurchase Agreement (the "Repurchase Agreement") with the United States Department of the Treasury ("Treasury") to repurchase the warrant to purchase 813,008 shares of Company common stock that the Company issued to Treasury on December 12, 2008 (the "Warrant") in connection with the Company's sale to Treasury of $100 million aggregate liquidation preference of its Fixed Rate Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") under Treasury's Capital Purchase Program. The Company repurchased the Warrant for $1,200,000. The Company previously repurchased the Series A Preferred Stock on March 31, 2009 for $100 million plus accrued and unpaid interest. As a result of the Warrant repurchase, Treasury does not own any more securities of the Company issued under the Capital Purchase Program. A copy of the Warrant Repurchase Agreement is attached hereto as Exhibit 10.1 and is incorporated into this Item 1.01 by reference.
On May 11, 2009, the Company issued a press release announcing the transaction described above under "Item 1.01 Entry into a Material Definitive Agreement." A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Exhibit No. Description of Exhibit
Exhibit 10.1 Warrant Repurchase Agreement dated May 8, 2009, between Old National Bancorp and the United States Department of the Treasury.
Exhibit 99.1 Press Release dated May 11, 2009.
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