Capital Offerings Profile

Company Name Hilltop Holdings Inc.
Offering Type Senior Debt
Description 5.000% Senior unsecured notes, due Apr 15, 2025
ISIN US432748AA91
Currency of Issue USD
Trading Symbol (Exchange) HTH4230872 (OTC)
 
Announcement Date 4/6/2015
Trade Date 4/7/2015
Settlement Date 4/9/2015
Completion Date 6/19/2015
 
144a? No
Mandatory Redemption? Yes
Convertible? No
Exchange for Existing Issue? Yes


Use of Proceeds

The company intends to use the net proceeds of the offering to redeem all of its outstanding non-cumulative perpetual preferred stock, and the remainder for general corporate purposes. Pending the intended application of the net proceeds, they may be invested temporarily in short-term, interest bearing obligations. In the event that the necessary approvals are not received, the proceeds will be used for general corporate purposes.



Pricing
Offer Price ($) 100.0000
Yield to Maturity (%) 5.000
Treasury Spread (%) 3.110
Gross Amount Offered ($000) 150,000
Amount Including Overallotment ($000) 150,000
Minimum Denominations/Increments 2,000/1,000


Current Security Ratings Current Issuer Ratings
Fitch Ratings BBB


Underwriters Shares Underwritten Amount Underwritten($000)
Book Manager(s)
Barclays Capital Inc. - -
Sandler O'Neill & Partners, L.P. - -


Professionals
Issuer's Counsel Wachtell, Lipton, Rosen & Katz
Underwriter's Counsel Hunton & Williams, LLP
Clearing House(s) Clearstream Banking SA
Depository Trust Company
Euroclear Bank SA/NV