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Hancock Holding Co. Announces Cash Tender Offer For Whitney Bank Notes
Hancock Holding Co. announced that Whitney Bank (the Bank), a wholly-owned subsidiary of Hancock Holding Company, has commenced a cash tender offer (the Offer) to purchase up to $75,000,000 aggregate principal amount, which may be increased by the Bank in its sole discretion (the Maximum Tender Amount), of its 5.875% Subordinated Notes due 2017 (the Notes). The terms and conditions of the Offer are set forth in an Offer to Purchase dated June 16, 2012 (the Offer to Purchase) and a Letter of Transmittal (the Letter of Transmittal), both of which are being sent to holders of the Notes. Sandler O'Neill & Partners, L.P. is the Dealer Manager for the Offer.
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