Law360, New York (July 26, 2016, 4:03 PM EDT) -- First Hawaiian Inc., a Honolulu-based bank owned by French conglomerate BNP Paribas, set terms Tuesday on an initial public offering estimated to raise $464 million, while a blank check company likely to pursue acquisitions in media-related industries filed a $50 million IPO, bolstering the near-term pipeline of deals.First Hawaiian, advised by Sullivan & Cromwell LLP, plans to issue 21.1 million shares priced between $21 and $23 each. All shares are being sold by BNP Paribas, which would see its stake in First Hawaiian shrink from 100 to 85 percent, according to the registration statement.M I Acquisitions Inc., a blank...
First Hawaiian , backed by president Paribas , has negotiated the terms on its IPO which is estimated to be $ 464 m .