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BPFH > SEC Filings for BPFH > Form 8-K on 29-May-2013All Recent SEC Filings

Show all filings for BOSTON PRIVATE FINANCIAL HOLDINGS INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for BOSTON PRIVATE FINANCIAL HOLDINGS INC


29-May-2013

Other Events


Item 8.01. Other Events.
On May 29, 2013, Boston Private Financial Holdings, Inc. (the "Company") issued a press release announcing that BP Holdco, L.P., an affiliate of The Carlyle Group ("BP Holdco"), has agreed to sell 3,900,000 shares of the Company's common stock in an underwritten at-the-market offering. BP Holdco has granted the underwriters a 30-day option to purchase an additional 585,000 shares of the Company's common stock. Following the offering, assuming full exercise of the underwriters' option to purchase additional shares, BP Holdco will own approximately 4.1% of the outstanding shares of the Company's common stock. BP Holdco has also agreed to a 60 day lock-up for its remaining shares of the Company's common stock. The Company will not sell any shares in the offering and will not receive any proceeds from the offering. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. Item 9.01. Financial Statements and Exhibits. Exhibit 99.1 Press release dated May 29, 2013


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