Rochester,NY 8/19/2009 9:23:01 PM
Popular, Inc.,BPOP-Announces Relevant Price and Exchange Ratios for Exchange Offer
Popular, Inc
Popular, Inc. today declared that it has determined the Relevant Price and Exchange Ratios in connection with its previously announced offer to issue up to 390 million shares of its Common Stock in exchange for its Series A Preferred Stock and Series B Preferred Stock and for the Trust Preferred Securities (the "Exchange Offer").
http://StockEinstein.com offers free daily stock alerts on companies ready to run. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
In connenction with the terms of the Exchange Offer, as set forth in the Corporation's Prospectus, dated August 7, 2009, and related letter of transmittal, the Corporation has determined the Relevant Price and Exchange Ratios for the Series A Preferred Stock, the Series B Preferred Stock and the Trust Preferred Securities .
The expiration date for the Exchange Offer is 11:59 p.m., New York City time, on August 20, 2009, unless the Corporation further extends the Exchange Offer or terminates it prior to that date. If the Corporation extends the Exchange Offer, the Relevant Price and the Exchange Ratios are subject to change as well.
StockEinstein.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified directly to their in-box.
This is a free service available only to our subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
During 2009 our alerts have resulted in an average price gain of 80%+.
Disclaimer: Full disclaimer at http://StockEinstein.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinstein, nor any of its affiliates are registered investment advisors or broker dealers.
