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Banking & Financial Institutions

Treasury announces price for First Financial warrants

by Jay Heflin - 06/03/10 1:02 PM ET
by Jay Heflin - 06/03/10 1:02 PM ET

The proceeds will provide an additional return to the government beyond the dividend payments it received on preferred stock related to the company.

Deutsche Bank Securities Inc. is the sole underwriter for this offering, which represents Treasury’s sale of its remaining investment in the company.

A final prospectus related to the offering will be filed with the Securities and Exchange Commission by First Financial.

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