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): March 3, 2021
Camden National Corporation
(Exact name of registrant as specified in its charter)
Maine | 01-28190 | 01-0413282 | |||||||||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||
Two Elm Street | Camden | Maine | 04843 | ||||||||
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (207) 236-8821
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Common Stock, without par value | CAC | The NASDAQ Stock Market LLC |
Item 7.01 | Regulation FD Disclosure. |
On March 3, 2021, Camden National Corporation ("the Company") mailed notices of redemption to the holders of the Company's 5.50% Subordinated Notes due 2025 (the "Notes"). Pursuant to the notice of redemption, the Company will redeem the entire $15 million outstanding principal amount of the Notes. The Company will redeem the Notes on April 16, 2021 (the "Redemption Date") for a redemption price of 100% of the current outstanding principal amount of the Notes plus accrued and unpaid interest on the Notes, up to, but not including, the Redemption Date.
Item 9.01 | Financial Statements and Exhibits. |
(d) The following exhibits are filed with this Report:
Exhibit No. | Description | ||||
101 | Cover Page Interactive Data - the cover page XBRL tags are embedded within the Inline XBRL document. | ||||
104 | Cover Page Interactive Data File - Included in Exhibit 101. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 3, 2021
CAMDEN NATIONAL CORPORATION (Registrant) | ||||||||
By: | /s/ GREGORY A. WHITE | |||||||
Gregory A. White Chief Financial Officer and Principal Financial & Accounting Officer |