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Published on 5/18/2012 in the Prospect News Convertibles Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Park National files automatic shelf covering stock, preferreds, debt

By Devika Patel

Knoxville, Tenn., May 18 - Park National Corp. filed an automatic shelf registration in an S-3 ASR filing with the Securities and Exchange Commission.

The registration covers common shares, preferred shares, senior, subordinated and junior subordinated debt securities, depositary shares, warrants and units.

The securities may be structured as convertibles.

The company will describe in a prospectus supplement how it plans to use the proceeds.

Park National is a bank holding company based in Newark, Ohio.


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