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FIRST BANCORP /PR/ — Registration Form 2010
Aug 24, 2010
31248_rf_2010-08-24_e281dd59-7fcb-4ca6-9079-ae78f104ab9d.zip
Registration Form
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XBRL,dc As filed with the Securities and Exchange Commission on August 24, 2010
Registration No. 333-165252
/XBRL,dc
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 6
to
Form S-4
on
Form S-1
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
FIRST BANCORP.
(Exact name of registrant as specified in its charter)
| Puerto Rico | 6022 | 66-0561882 |
|---|---|---|
| (State or other jurisdiction | ||
| of incorporation or organization) | (Primary Standard Industrial Classification Code Number) | (I.R.S Employer Identification Number) |
1519 Ponce de León Avenue, Stop 23 Santurce, Puerto Rico 00908 (787) 729-8200
(Address, including zip code and telephone number, including area code, of registrants principal executive offices)
Lawrence Odell Executive Vice President and General Counsel First BanCorp. 1519 Ponce de León Avenue, Stop 23 Santurce, Puerto Rico 00908 (787) 729-8109
(Name, address, including zip code and telephone number, including area code, of agent for service)
Copies to:
Linda L. Griggs Gail A. Pierce Morgan, Lewis & Bockius LLP 1111 Pennsylvania Avenue, NW Washington, DC 20004 James R. Tanenbaum Anna T. Pinedo Morrison & Foerster LLP 1290 Avenue of the Americas New York, New York 10104
Approximate date of commencement of proposed sale of the securities to the public: As soon as practicable after this registration statement becomes effective.
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of large accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer o Accelerated filer þ Non-accelerated filer o (Do not check if a smaller reporting company) Smaller reporting company o
The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.
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EXPLANATORY NOTE
This Amendment No. 6 to the Corporations Form S-4 on Form S-1 is being filed solely to provide exhibits to the Registration Statement.
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ITEM 16. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.
(a) Exhibits. The following exhibits are filed herewith or incorporated herein by reference.
| Exhibit — No. | Description | |
|---|---|---|
| 1 | .1 | Form of Dealer Manager Agreement. |
| 3 | .1 | Restated Articles of Incorporation. |
| 3 | .2 | By-Laws, incorporated by reference to Exhibit 3.2 from the Form 10-K for the year ended December 31, 2008 filed by the |
| Corporation on March 2, 2009. | ||
| 3 | .3 | Certificate of Designation creating the 7.125% non-cumulative |
| perpetual monthly income preferred stock, Series A, | ||
| incorporated by reference to Exhibit 4(B) from the Form S-3 filed by the Corporation on March 30, 1999. | ||
| 3 | .4 | Certificate of Designation creating the 8.35% non-cumulative |
| perpetual monthly income preferred stock, Series B, | ||
| incorporated by reference to Exhibit 4(B) from Form S-3 filed by the Corporation on September 8, 2000. | ||
| 3 | .5 | Certificate of Designation creating the 7.40% non-cumulative |
| perpetual monthly income preferred stock, Series C, | ||
| incorporated by reference to Exhibit 4(B) from the Form S-3 filed by the Corporation on May 18, 2001. | ||
| 3 | .6 | Certificate of Designation creating the 7.25% non-cumulative |
| perpetual monthly income preferred stock, Series D, | ||
| incorporated by reference to Exhibit 4(B) from the Form S-3/A filed by the Corporation on January 16, 2002. | ||
| 3 | .7 | Certificate of Designation creating the 7.00% non-cumulative |
| perpetual monthly income preferred stock, Series E, | ||
| incorporated by reference to Exhibit 4.2 from the Form 8-K filed by the Corporation on September 5, 2003. | ||
| 3 | .8 | Certificate of Designation creating the fixed-rate cumulative |
| perpetual preferred stock, Series F, incorporated by | ||
| reference to Exhibit 3.1 from the Form 8-K filed by the Corporation on January 20, 2009. | ||
| 4 | .1 | Form of Common Stock Certificate, incorporated by reference to |
| Exhibit 4 from the Registration Statement on Form S-4/A filed by the Corporation on April 24, 1998. | ||
| 4 | .2 | Form of Stock Certificate for 7.125% non-cumulative perpetual |
| monthly income preferred stock, Series A, incorporated by | ||
| reference to Exhibit 4(A) from the Form S-3 filed by the Corporation on March 30, 1999. | ||
| 4 | .3 | Form of Stock Certificate for 8.35% non-cumulative perpetual |
| monthly income preferred stock, Series B, incorporated by | ||
| reference to Exhibit 4(A) from the Form S-3 filed by the Corporation on September 8, 2000. | ||
| 4 | .4 | Form of Stock Certificate for 7.40% non-cumulative perpetual |
| monthly income preferred stock, Series C, incorporated by | ||
| reference to Exhibit 4(A) from the Form S-3 filed by the Corporation on May 18, 2001. | ||
| 4 | .5 | Form of Stock Certificate for 7.25% non-cumulative perpetual |
| monthly income preferred stock, Series D, incorporated by | ||
| reference to Exhibit 4(A) from the Form S-3/A filed by the Corporation on January 16, 2002. | ||
| 4 | .6 | Form of Stock Certificate for 7.00% non-cumulative perpetual |
| monthly income preferred stock, Series E, incorporated by | ||
| reference to Exhibit 4.1 from the Form 8-K filed by the Corporation on September 5, 2003. | ||
| 4 | .7 | Form of Stock Certificate for Fixed Rate Cumulative Perpetual |
| Preferred Stock, Series F, incorporated by reference to | ||
| Exhibit 4.6 from the Form 10-K for the year ended December 31, 2008 filed by the | ||
| Corporation on March 2, 2009. | ||
| 4 | .8 | Warrant dated January 16, 2009 to purchase shares of Common |
| Stock of First BanCorp, incorporated by reference to | ||
| Exhibit 4.1 from the Form 8-K filed by the Corporation on January 20, 2009. | ||
| 5 | .1 | Opinion of Lawrence Odell, Esq., Executive Vice President |
| and General Counsel of the Corporation, regarding the validity | ||
| of the Common Stock being registered. | ||
| 8 | .1 | Opinion of Morgan, Lewis & Bockius LLP (as to certain |
| United States tax matters). |
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| Exhibit — No. | Description | |
|---|---|---|
| 10 | .22 | Form of Certificate of Designations of Fixed Rate Cumulative |
| Mandatorily Convertible Preferred Stock, Series G, | ||
| Annex B to the Exchange Agreement by and between First | ||
| BanCorp and the United States Treasury dated as of July 7, | ||
| 2010, incorporated by reference from Exhibit 10.3 of the Form 8-K filed on July 7, 2010. | ||
| 10 | .23 | Form of Restricted Stock Award Agreement. |
| 10 | .24 | Form of Stock Option Agreement for Officers and Other |
| Employees. | ||
| 12 | .1 | Computation of Ratio of Earnings to Fixed Charges. |
| 12 | .2 | Computation of Ratio of Earnings to Fixed Charges and Preferred |
| Dividends. | ||
| 23 | .1 | Consent of PricewaterhouseCoopers LLP, independent registered |
| public accounting firm. | ||
| 23 | .2 | Consent of Lawrence Odell, Esq. (included in |
| Exhibit 5.1 above). | ||
| 23 | .3 | Consent of Morgan, Lewis & Bockius LLP (included in |
| Exhibit 8.1 above). | ||
| 23 | .4 | Consent of Pietrantoni Méndez & Alvarez LLP |
| (included in Exhibit 8.2 above). | ||
| 25 | .1 | Powers of Attorney (included on signature pages to this |
| Registration Statement). | ||
| 99 | .1 | Form of Letter of Transmittal for Exchange Offer. |
| 99 | .2 | Soliciting Dealer Form. |
| 99 | .3 | Letter to Brokers. |
| 99 | .4 | Letter to Clients. |
Previously filed
The financial statement schedules have been provided in the consolidated financial statements or notes thereto, which are incorporated herein by reference to the Registrants Annual Report to Stockholders on Form 10-K filed with the Securities and Exchange Commission on March 2, 2010.
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Signatures
Pursuant to the requirements of the Securities Act of 1933, as amended, First BanCorp has duly caused this Amendment No. 6 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Santurce, Puerto Rico, on August 24, 2010.
FIRST BANCORP.
By: /s/ Aurelio Alemán
Name: Aurelio Alemán
Title: President and Chief Executive Officer
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Pursuant to the requirements of the Securities Act of 1933, as amended, this Amendment No. 5 to the Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.
| Signature | Date | |
|---|---|---|
| /s/ Aurelio | ||
| Alemán Aurelio | ||
| Alemán | President, Chief Executive Officer and Director (Principal | |
| Executive Officer) | August 24, 2010 | |
| /s/ Orlando | ||
| Berges Orlando | ||
| Berges | Executive Vice President and Chief Financial Officer | |
| (Principal Financial Officer) | August 24, 2010 | |
| Jorge | ||
| L. Díaz | Director | |
| /s/ José | ||
| L. Ferrer-Canals* José | ||
| L. Ferrer-Canals | Director | August 24, 2010 |
| /s/ Frank | ||
| Kolodziej* Frank | ||
| Kolodziej | Director | August 24, 2010 |
| José | ||
| Menéndez-Cortada | Director | |
| Héctor | ||
| M. Nevares-LaCosta | Director | |
| /s/ José | ||
| F. Rodríguez* José | ||
| F. Rodríguez | Director | August 24, 2010 |
| /s/ Fernando | ||
| Rodríguez-Amaro* Fernando | ||
| Rodríguez-Amaro | Director | August 24, 2010 |
| /s/ Pedro | ||
| Romero, CPA Pedro | ||
| Romero, CPA | Senior Vice President and Chief Accounting Officer | |
| (Principal Accounting Officer) | August 24, 2010 | |
| Sharee | ||
| Ann Umpierre-Catinchi | Director | |
| * | /s/ Lawrence | |
| Odell Lawrence | ||
| Odell Attorney-in-fact |
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Exhibit Index
| Exhibit — No. | Description | |
|---|---|---|
| 1 | .1 | Form of Dealer Manager Agreement. |
| 3 | .1 | Restated Articles of Incorporation. |
| 3 | .2 | By-Laws, incorporated by reference to Exhibit 3.2 from the Form 10-K for the year ended December 31, 2008 filed by the |
| Corporation on March 2, 2009. | ||
| 3 | .3 | Certificate of Designation creating the 7.125% non-cumulative |
| perpetual monthly income preferred stock, Series A, | ||
| incorporated by reference to Exhibit 4(B) from the Form S-3 filed by the Corporation on March 30, 1999. | ||
| 3 | .4 | Certificate of Designation creating the 8.35% non-cumulative |
| perpetual monthly income preferred stock, Series B, | ||
| incorporated by reference to Exhibit 4(B) from Form S-3 filed by the Corporation on September 8, 2000. | ||
| 3 | .5 | Certificate of Designation creating the 7.40% non-cumulative |
| perpetual monthly income preferred stock, Series C, | ||
| incorporated by reference to Exhibit 4(B) from the Form S-3 filed by the Corporation on May 18, 2001. | ||
| 3 | .6 | Certificate of Designation creating the 7.25% non-cumulative |
| perpetual monthly income preferred stock, Series D, | ||
| incorporated by reference to Exhibit 4(B) from the Form S-3/A filed by the Corporation on January 16, 2002. | ||
| 3 | .7 | Certificate of Designation creating the 7.00% non-cumulative |
| perpetual monthly income preferred stock, Series E, | ||
| incorporated by reference to Exhibit 4.2 from the Form 8-K filed by the Corporation on September 5, 2003. | ||
| 3 | .8 | Certificate of Designation creating the fixed-rate cumulative |
| perpetual preferred stock, Series F, incorporated by | ||
| reference to Exhibit 3.1 from the Form 8-K filed by the Corporation on January 20, 2009. | ||
| 4 | .1 | Form of Common Stock Certificate, incorporated by reference to |
| Exhibit 4 from the Registration Statement on Form S-4/A filed by the Corporation on April 24, 1998. | ||
| 4 | .2 | Form of Stock Certificate for 7.125% non-cumulative perpetual |
| monthly income preferred stock, Series A, incorporated by | ||
| reference to Exhibit 4(A) from the Form S-3 filed by the Corporation on March 30, 1999. | ||
| 4 | .3 | Form of Stock Certificate for 8.35% non-cumulative perpetual |
| monthly income preferred stock, Series B, incorporated by | ||
| reference to Exhibit 4(A) from the Form S-3 filed by the Corporation on September 8, 2000. | ||
| 4 | .4 | Form of Stock Certificate for 7.40% non-cumulative perpetual |
| monthly income preferred stock, Series C, incorporated by | ||
| reference to Exhibit 4(A) from the Form S-3 filed by the Corporation on May 18, 2001. | ||
| 4 | .5 | Form of Stock Certificate for 7.25% non-cumulative perpetual |
| monthly income preferred stock, Series D, incorporated by | ||
| reference to Exhibit 4(A) from the Form S-3/A filed by the Corporation on January 16, 2002. | ||
| 4 | .6 | Form of Stock Certificate for 7.00% non-cumulative perpetual |
| monthly income preferred stock, Series E, incorporated by | ||
| reference to Exhibit 4.1 from the Form 8-K filed by the Corporation on September 5, 2003. | ||
| 4 | .7 | Form of Stock Certificate for Fixed Rate Cumulative Perpetual |
| Preferred Stock, Series F, incorporated by reference to | ||
| Exhibit 4.6 from the Form 10-K for the year ended December 31, 2008 filed by the | ||
| Corporation on March 2, 2009. | ||
| 4 | .8 | Warrant dated January 16, 2009 to purchase shares of Common |
| Stock of First BanCorp, incorporated by reference to | ||
| Exhibit 4.1 from the Form 8-K filed by the Corporation on January 20, 2009. | ||
| 5 | .1 | Opinion of Lawrence Odell, Esq., Executive Vice President |
| and General Counsel of the Corporation, regarding the validity | ||
| of the Common Stock being registered. | ||
| 8 | .1 | Opinion of Morgan, Lewis & Bockius LLP (as to certain |
| United States tax matters). | ||
| 8 | .2 | Opinion of Pietrantoni Méndez & Alvarez LLP (as |
| to certain Puerto Rico tax matters). |
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| Exhibit — No. | Description | |
|---|---|---|
| 10 | .22 | Form of Certificate of Designations of Fixed Rate Cumulative |
| Mandatorily Convertible Preferred Stock, Series G, | ||
| Annex B to the Exchange Agreement by and between First | ||
| BanCorp and the United States Treasury dated as of July 7, | ||
| 2010, incorporated by reference from Exhibit 10.3 of the Form 8-K filed on July 7, 2010. | ||
| 10 | .23 | Form of Restricted Stock Award Agreement. |
| 10 | .24 | Form of Stock Option Agreement for Officers and Other |
| Employees. | ||
| 12 | .1 | Computation of Ratio of Earnings to Fixed Charges. |
| 12 | .2 | Computation of Ratio of Earnings to Fixed Charges and Preferred |
| Dividends. | ||
| 23 | .1 | Consent of PricewaterhouseCoopers LLP, independent registered |
| public accounting firm. | ||
| 23 | .2 | Consent of Lawrence Odell, Esq. (included in |
| Exhibit 5.1 above). | ||
| 23 | .3 | Consent of Morgan, Lewis & Bockius LLP (included in |
| Exhibit 8.1 above). | ||
| 23 | .4 | Consent of Pietrantoni Méndez & Alvarez LLP |
| (included in Exhibit 8.2 above). | ||
| 25 | .1 | Powers of Attorney (included on signature pages to this |
| Registration Statement). | ||
| 99 | .1 | Form of Letter of Transmittal for Exchange Offer. |
| 99 | .2 | Soliciting Dealer Form. |
| 99 | .3 | Letter to Brokers. |
| 99 | .4 | Letter to Clients. |
Previously filed
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