Central Pacific Financial Corp (CPF)

[mlkrborn]

$13.75 above basement sale price of 412.75.
U.S. Treasury prices Central Pacific offering
8:55p ET June 16, 2011 (MarketWatch)
SAN FRANCISCO (MarketWatch) -- The U.S. Treasury Department said Thursday that it has priced a secondary public offering of stock in Central Pacific Financial Corp. at $12.75. The Treasury Department, which acquired its stake in Central Pacific as part of a recapitalization under the Troubled Asset Relief Program, said it will continue to hold over 2.7 million shares following the offering, which is expected to raise net proceeds for the Treasury of nearly $35.9 million.