LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) (“Fulton”) today announced that, subject to market and other conditions, it plans to offer subordinated notes due 2030 (the “2030 Notes”) and subordinated notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”). The offering of the 2030 Notes is not conditioned upon the offering of the 2035 Notes, and the offering of the 2035 Notes offering is not conditioned upon the offering of the 2030 Notes.
Piper Sandler & Co. and Keefe, Bruyette & Woods, A Stifel Company are acting as the bookrunning managers for the offerings, and Goldman Sachs & Co. LLC and Wells Fargo Securities are acting as co-managers.
Fulton intends to use the net proceeds of the offerings for general corporate purposes.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of either prospectus supplement or the shelf registration statement or prospectus relating thereto.
Each offering will be made only by means of a prospectus supplement and accompanying base prospectus. Fulton has filed a registration statement (File No. 333-221393), and a preliminary prospectus supplement to the prospectus contained in the registration statement with the U.S. Securities and Exchange Commission (“SEC”) for each series of Notes to which this communication relates. Prospective investors should read the applicable prospectus supplement and base prospectus in the registration statement and other documents Fulton has filed or will file with the SEC for more complete information about Fulton and the relevant offering. You may obtain these documents for free by visiting EDGAR on the SEC’s website at http://www.sec.gov. Electronic copies of each preliminary prospectus supplement, when available, and the accompanying base prospectus may be obtained by contacting Piper Sandler & Co. by telephone at (866) 805-4128 or by email at firstname.lastname@example.org; Keefe, Bruyette & Woods, A Stifel Company by e-mail at USCapitalMarkets@kbw.com or by calling 1-800-966-1559; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526 or by emailing email@example.com; and Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, MN 55402, Attn: WFS Customer Service, Email: firstname.lastname@example.org, Toll-Free: 1-800-645-3751.
About Fulton Financial Corporation
Fulton, a $22 billion, Lancaster, Pa.-based financial holding company, has approximately 3,600 employees and operates approximately 230 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.
Statements made in this press release regarding the proposed offerings of the Notes are forward-looking statements. Fulton may be unable to sell one or both series of the Notes. Risks and other factors that could cause the offerings not to be completed, or to be completed with different terms, include market conditions and volatility in the market price of Fulton’s publicly traded securities, as well as other risks listed from time to time in Fulton’s filings with the SEC, including but not limited to, Fulton’s annual and quarterly reports. Fulton has no obligation to revise or update any forward-looking statements, other than as imposed by law, as a result of future events or new information. Readers are cautioned not to place undue reliance on such forward-looking statements.