Filed Pursuant to
Rule 424(b)(2)
Registration Statement
No. 333-156700
PROSPECTUS
SUPPLEMENT DATED MAY 8, 2009
(To Prospectus Supplement dated April 23, 2009, as
supplemented by the Addendum
dated May 7, 2009, and Prospectus dated January 13,
2009)
38,491,650 Shares
Huntington Bancshares
Incorporated
Common Stock
Pursuant to our Discretionary Equity Issuance Program (the
Program), we sold, through Goldman,
Sachs & Co. (Goldman Sachs), as our sales
agent, or to Goldman Sachs, for resale, an aggregate of
38,491,650 shares of our common stock, par value $0.01 per
share, for an aggregate sales price of $119,999,127.77. Shares
of our common stock issued under the Program were sold pursuant
to an Equity Distribution Agreement, dated April 23, 2009
(the Equity Distribution Agreement), with Goldman
Sachs, which was amended by the Amendment No. 1 to the
Equity Distribution Agreement, dated May 7, 2009 (the
Amendment). The Equity Distribution Agreement was
filed as an exhibit to a Current Report on
Form 8-K
that was filed with the Securities and Exchange Commission (the
Commission) on April 24, 2009 and is
incorporated herein by reference. The Amendment was filed as an
exhibit to a Current Report on
Form 8-K
that was filed with the Commission on May 8, 2009 and is
incorporated herein by reference.
Shares of our common stock issued pursuant to the Equity
Distribution Agreement, as amended by the Amendment, were sold
through ordinary brokerage transactions and transactions in
which a broker solicited purchasers.
Our common stock is quoted on the NASDAQ Global Select Market
(NASDAQ) under the symbol HBAN. The last
reported sale price of our common stock on NASDAQ on May 7,
2009 was $3.89.
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Gross Proceeds to Huntington Bancshares Incorporated
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$
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119,999,127.77
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Commissions to Goldman, Sachs & Co.
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$
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2,399,982.55
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Net proceeds to Huntington Bancshares Incorporated
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$
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117,599,145.22
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(1) |
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Excludes expenses other than commissions to Goldman,
Sachs & Co. We have estimated such expenses to be
approximately $350,000 in the aggregate. |
This prospectus supplement adds to, updates and changes
information in, and should be read in conjunction with, the
prospectus filed with the Commission on January 13, 2009,
as part of our Registration Statement on
Form S-3ASR
(File
No. 333-156700),
and the prospectus supplement dated April 23, 2009, as
supplemented by a prospectus supplement addendum filed with the
Commission on May 8, 2009.
These shares of our common stock will not be savings accounts,
deposits or other obligations of any bank or non-bank subsidiary
of ours and are not insured or guaranteed by the Federal Deposit
Insurance Corporation or any other governmental agency.
Neither the Securities and Exchange Commission nor any state
securities commission has approved or disapproved of these
securities or passed upon the adequacy or accuracy of this
prospectus addendum, the prospectus supplement and the
accompanying prospectus. Any representation to the contrary is a
criminal offense.
Goldman, Sachs &
Co.
Prospectus Supplement dated May 8, 2009