Filed Pursuant to
Rule 424(b)(2)
Registration Statement No. 333-156700
Registration Statement No. 333-156700
PROSPECTUS
SUPPLEMENT DATED JUNE 9, 2009
(To Prospectus Supplement dated May 21, 2009 and Prospectus dated January 13, 2009)
(To Prospectus Supplement dated May 21, 2009 and Prospectus dated January 13, 2009)
18,454,313 Shares
Pursuant to our Discretionary Equity Issuance Program commenced
on May 21, 2009 (the “Program”), we sold, through
Goldman, Sachs & Co. (“Goldman Sachs”), as
our sales agent, an aggregate of 18,454,313 shares of our
common stock, par value $0.01 per share, for an aggregate sales
price of $75,867,770.08. We suspended the Program in connection
with the commencement of our underwritten common stock offering
on June 3, 2009. On June 9, 2009, contemporaneously
with the completion of the underwritten offering, we terminated
the Equity Distribution Agreement, dated May 21, 2009 with
Goldman Sachs (the “Equity Distribution Agreement”)
and, as a result, the Program was terminated. Shares of our
common stock issued under the Program were sold pursuant to the
Equity Distribution Agreement, which was filed as an exhibit to
a Current Report on
Form 8-K
filed with the Securities and Exchange Commission (the
“Commission”) on May 21, 2009 and is incorporated
herein by reference.
Shares of our common stock issued pursuant to the Equity
Distribution Agreement were sold through ordinary brokerage
transactions and transactions in which a broker solicited
purchasers.
Our common stock is quoted on the NASDAQ Global Select Market
(“NASDAQ”) under the symbol “HBAN”. The last
reported sale price of our common stock on NASDAQ on
June 8, 2009 was $4.11.
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Gross Proceeds to Huntington Bancshares Incorporated
|
$ | 75,867,770.08 | ||||||
|
Commissions to Goldman, Sachs & Co.
|
$ | 1,517,355.40 | ||||||
|
Net proceeds to Huntington Bancshares Incorporated(1)
|
$ | 74,350,414.68 |
| (1) | Excludes expenses other than commissions to Goldman, Sachs & Co. We have estimated such expenses to be approximately $350,000 in the aggregate. |
This prospectus supplement adds to, updates and changes
information in, and should be read in conjunction with, the
prospectus filed with the Commission on January 13, 2009,
as part of our Registration Statement on
Form S-3ASR
(File
No. 333-156700),
and the prospectus supplement dated May 21, 2009.
These shares of our common stock are not savings accounts,
deposits or other obligations of any bank or non-bank subsidiary
of ours and are not insured or guaranteed by the Federal Deposit
Insurance Corporation or any other governmental agency.
Neither the Securities and Exchange Commission nor any state
securities commission has approved or disapproved of these
securities or passed upon the adequacy or accuracy of this
prospectus supplement, the prospectus supplement dated
May 21, 2009 or the prospectus dated January 13, 2009.
Any representation to the contrary is a criminal offense.
Goldman,
Sachs & Co.
Prospectus Supplement dated June 9, 2009