Boston Private Announces Proposed Public
Offering of Common Stock
June 15, 2010 04:57 PM Eastern Daylight Time
BOSTON--(EON: Enhanced Online News)--Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) today
announced that it plans to raise approximately $25 million through the sale of shares of its common stock in an
underwritten public offering. All of the shares will be offered by BPFH and will be issued under BPFH's currently
effective registration statement filed with the Securities and Exchange Commission. The underwriters will have a 30-
day option to purchase up to an additional 15 percent of the offered amount of common stock from the Company.
BPFH intends to utilize the net proceeds from the offering to strengthen the quality of its capital base and to support
the redemption of its remaining TARP securities. Goldman, Sachs & Co. will act as sole bookrunner and Keefe,
Bruyette & Woods will be the co-manager for the proposed securities offering.
A copy of the prospectus may be obtained from Goldman, Sachs & Co. by contacting Goldman, Sachs & Co.,
Prospectus Department, 200 West Street, New York, NY 10282; by telephone at 1-866-471-2526; or by email at
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities, nor
shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering
may be made only by means of a prospectus and related prospectus supplement.
Boston Private Financial Holdings
Boston Private Financial Holdings is a national financial services organization comprised of independently operated
affiliates located in various regions of the U.S. that offer private banking, wealth advisory and investment
management services to the high net worth marketplace, selected businesses and institutions. (NASDAQ: