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):
August
6, 2018
POPULAR,
INC.
(Exact
name of registrant as specified in its charter)
Puerto Rico |
001-34084 |
66-0667416 |
||
(State or other jurisdiction of |
(Commission File |
(IRS Employer Identification |
209 Muñoz Rivera Avenue
Hato Rey, Puerto Rico |
00918 | |
(Address of principal executive offices) | (Zip code) |
(787) 765-9800 |
(Registrant's telephone number, including area code) |
NOT APPLICABLE |
|
(Former name, former address and former fiscal year, 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 Instruction 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 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
(§240.12b-2 of this chapter).
Emerging growth company ⃞
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act. ⃞
Item 8.01. Other Events.
On August 6, 2018, Popular, Inc. (the “Corporation”) issued a press release announcing that Popular North America, Inc., a wholly-owned subsidiary of the Corporation, delivered a redemption notice to The Bank of New York Mellon, the Property Trustee for BanPonce Trust I, which will result in the redemption of all outstanding 8.327% Capital Securities, Series A ($1,000 liquidation amount per security and $52,865,000 in the aggregate), CUSIP No. 066915AA7, on September 7, 2018. The redemption price of each security will be equal to 100% of the liquidation amount of the securities plus accumulated and unpaid distributions in the amount of $1,008.33 per security.
A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
99.1 Press release dated August 6, 2018.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
POPULAR, INC. |
||
(Registrant) |
||
Date: August 6, 2018 |
By: |
/s/ Javier D. Ferrer |
Javier D. Ferrer |
||
Executive Vice President, General Counsel and Secretary |