Attached files

file filename
EX-99.1 - EXHIBIT - VANTAGESOUTH BANCSHARES, INC.ex99_1-021914.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 19, 2014

VANTAGESOUTH BANCSHARES, INC.
(Exact name of registrant as specified in its charter)

Delaware
 
001-36009

 
45-2915089
(State or other jurisdiction of
incorporation or organization)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)

3600 Glenwood Avenue, Suite 300
Raleigh, North Carolina 27612
(Address of principal executive offices)

(919) 659-9000
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 8.01.
Other Events.

On February 19, 2014, VantageSouth Bancshares, Inc. (the “Company”) issued a press release to announce the repurchase of all of its outstanding Fixed Rate Cumulative Perpetual Preferred Stock, Series A and all of its outstanding Fixed Rate Cumulative Perpetual Preferred Stock, Series B issued to the United States Department of the Treasury for an aggregate purchase price of $42,891,849 which is equal to the stated liquidation value of $1,000 per share plus all accrued and unpaid dividends.

A copy of the press release issued by the Company on February 19, 2014 is attached hereto as Exhibit 99.1.

Item 9.01
Financial Statements and Exhibits.

(d)
Exhibits

Exhibit No.
Description of Exhibit

Exhibit 99.1
Press release dated February 19, 2014, announcing the repurchase of the Company’s Preferred Stock issued to the United States Department of the Treasury






SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: February 19, 2014
VANTAGESOUTH BANCSHARES, INC.
 
 
 
 
 
 
By:
/s/ Terry S. Earley
 
 
 
Terry S. Earley
 
 
 
Executive Vice President and Chief Financial Officer
 






EXHIBIT INDEX

Exhibit No.
Description of Exhibit

Exhibit 99.1
Press release dated February 19, 2014, announcing the repurchase of the Company’s Preferred Stock issued to the United States Department of the Treasury