Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 28, 2014

 

 

M&T BANK CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

 

New York   1-9861   16-0968385

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

One M&T Plaza, Buffalo, New York   14203
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (716) 842-5445

(NOT APPLICABLE)

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 8.01. Other Events.

On January 28, 2014, M&T Bank Corporation (“M&T”) issued a press release announcing that it will redeem all of the issued and outstanding 8.5% Enhanced Trust Preferred Securities (“TruPS”) issued by M&T Capital Trust IV on February 27, 2014. M&T is concurrently redeeming in whole the junior subordinated debt securities held by M&T Capital Trust IV which underlie the TruPS.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit No.

    
99.1    News Release dated January 28, 2014.

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    M&T BANK CORPORATION
Date: January 29, 2014     By:   /s/ Drew J. Pfirrman
      Drew J. Pfirrman
     

Senior Vice President and General Counsel

 

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EXHIBIT INDEX

 

Exhibit No.

    
99.1    News Release dated January 28, 2014. Filed herewith.

 

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EX-99.1

Exhibit 99.1

 

FOR IMMEDIATE RELEASE    Investor Contact:    Donald J. MacLeod
January 28, 2014       (716) 842-5138
   Media Contact:    C. Michael Zabel
      (716) 842-5385

M&T Bank Corporation Announces Redemption of M&T Capital Trust IV Enhanced

Trust Preferred Securities

BUFFALO, NEW YORK — M&T Bank Corporation (“M&T”) (NYSE:MTB) announced today that it will redeem all of the issued and outstanding 8.5% Enhanced Trust Preferred Securities (“TruPS”) issued by M&T Capital Trust IV—CUSIP—55292C203 – (NYSE:MTBPrA) on February 27, 2014 (the “redemption date”). M&T is concurrently redeeming in whole the junior subordinated debt securities held by M&T Capital Trust IV which underlie the TruPS. The aggregate principal amount of TruPS outstanding is $350 million. The redemption price will be $25.00 per trust preferred security, which represents 100% of the liquidation amount, together with any accrued and unpaid interest up to but excluding the redemption date. Further terms of the redemption are set forth in a redemption notice being disseminated to the holders of the TruPS. The paying agent is The Bank of New York Mellon Corporation, 101 Barclay Street, Floor 8 West, New York, New York 10286.

M&T is a financial holding company headquartered in Buffalo, New York. M&T’s principal banking subsidiary, M&T Bank, operates banking offices in New York, Pennsylvania, Maryland, Virginia, West Virginia, Delaware and the District of Columbia. Trust-related services are provided by M&T’s Wilmington Trust-affiliated companies and by M&T Bank.

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