Issuer:
|
Huntington Bancshares Incorporated | |
Security Type:
|
Subordinated Notes | |
Legal Format:
|
SEC Registered (Registration Statement No. 333-156700) | |
Aggregate Principal Amount Offered:
|
$300,000,000 | |
Ratings:*
|
Baa3/BBB-/BBB (Stable/Stable/Stable)(Moodys/S&P/Fitch) | |
Minimum Denominations:
|
$2,000 | |
Minimum Increments:
|
$1,000 | |
Pricing Date:
|
December 15, 2010 | |
Settlement Date:
|
December 17, 2010 (T+2 days) | |
Maturity Date:
|
December 15, 2020 | |
Interest Payment Dates:
|
June 15 and December 15, commencing on June 15, 2011. | |
Redemption Provision:
|
The notes may not be redeemed prior to maturity | |
Reference Benchmark:
|
2.625% due November 15, 2020 | |
Benchmark Yield:
|
3.551% | |
Spread to Benchmark:
|
T+344.9 bps | |
Reoffer Yield:
|
7.000% | |
Coupon:
|
7.000% | |
Price to Investors (%):
|
100.0% | |
CUSIP:
|
446150AG9 | |
ISIN:
|
US446150AG96 | |
Book-Running Manager :
|
Goldman, Sachs & Co. | |
Joint Lead Managers:
|
Morgan Stanley & Co. Incorporated Sandler ONeill & Partners, L.P. | |
Co-Manager:
|
Barclays Capital Inc. |
* | Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |