Park National (PRK) Files $100M Preferred Shelf; 227K Common Shelf for Shareholders

March 15, 2012 3:24 PM EDT
Park National Corp. (AMEX: PRK) filed a registration with the U.S. Securities and Exchange Commission to sell, from time to time, up to $100 million of Fixed Rate Cumulative Perpetual Preferred Shares, Series A, No Par Value (or Depositary Shares Evidencing Fractional Interests in Such Fixed Rate Cumulative Perpetual Preferred Shares, Series A, No Par Value).

In addition, the Company filed to sell up to 227,376 shares of Common Stock on behalf of Selling Shareholders. Park National will not receive proceeds from the sale by shareholders.


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