SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 25, 1999
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GOLD BANC CORPORATION, INC.
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(Exact name of registrant as specified in its charter)
KANSAS 0-28936 48-1008593
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
11301 Nall Avenue, Leawood, Kansas 66211
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (913) 451-8050
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None
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
See Exhibit 99.1 to this Form 8-K.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Gold Banc Corporation, Inc.
(Registrant)
DATE: May 25, 1999 /S/ Keith E. Bouchey
Keith E. Bouchey
Executive Vice President and
Chief Financial Officer
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION OF EXHIBIT
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99.1 Gold Banc Corporation, Inc. Press Release issued May 21, 1999.
Exhibit 99.1
FOR IMMEDIATE RELEASE
FRIDAY, MAY 21, 1999
GOLD BANC ANNOUNCES CLOSING OF PUBLIC OFFERING
OF $35 MILLION IN TRUST PREFERRED SECURITIES
BY GBCI CAPITAL TRUST II
LEAWOOD, Kansas -- May 21, 1999 -- Gold Banc Corporation, Inc., (NASDAQ: GLDB),
announced today the closing of a public offering of 1,400,000 Trust Preferred
Securities by GBCI Capital Trust II, (NASDAQ: GLDBO), a statutory business trust
established by the Company in 1999 for the exclusive purpose of issuing and
selling trust securities and using the proceeds to purchase the Company's Junior
Subordinated Debentures. The underwriters have pending an option to purchase an
additional 210,000 Trust Preferred Securities pursuant to their over-allotment
option. The public offering price was $25.00 per Trust Preferred Security with a
coupon rate of 9.12%.
The offering was made through an underwriting group led by Advest, Inc. and US
Bancorp Piper Jaffray, Inc. Prior redemption is permitted under certain
circumstances, such as changes in tax or regulatory capital rules. The net
proceeds from the sale of the debentures will be used to repay in full the
parent company's long-term debt, acquire for cash banks and permissible non-bank
entities and for general corporate purposes. The Federal Reserve System has
approved securities of this type as Tier I capital for regulatory capital
purposes. The Trust Preferred Securities are guaranteed by Gold Banc on a
subordinated basis. A copy of the final prospectus relating to these securities
can be obtained from the offices of the underwriters.
Gold Banc is a multi-bank holding company with $1.15 billion in total assets as
of March 31, 1999.
