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South Financial files $750 million shelf
New York, Nov. 10 - South Financial Group, Inc. filed a $750 million shelf with the Securities and Exchange Commission Wednesday.
Covered by the S-3 registration are debt securities, trust preferred securities, common stock, preferred stock, depositary shares, purchase contracts, units and warrants. Securities may be issued as convertibles.
The registration includes some securities previously registered by unsold.
The Greenville, S.C., financial holding company will use proceeds for general corporate purposes unless specified otherwise at the time of sale.
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