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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
April 8, 1997
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(Date of earliest event reported)
Peoples Heritage Financial Group, Inc.
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(Exact name of registrant as specified in its charter)
Maine 0-16947 01-0437984
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
P.O. Box 9540, One Portland Square, Portland, Maine 04112-9540
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(Address of principal executive offices) (Zip Code)
(207) 761-8500
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name, former address and former fiscal year, if changed since
last report)
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ITEM 5. OTHER EVENTS
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On April 8, 1997, Peoples Heritage Financial Group, Inc. issued the
press release which is included as Exhibit 99(a) hereto.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
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(a) Not applicable.
(b) Not applicable.
(c) The following exhibits are included with this Report:
Exhibit 99(a) Press Release, dated April 8, 1997
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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 thereunto duly authorized.
PEOPLES HERITAGE FINANCIAL GROUP, INC.
By: /s/ Carol L. Mitchell
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Name: Carol L. Mitchell
Title: Executive Vice President,
General Counsel and Secretary
Date: April 8, 1997
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Exhibit 99(A)
PEOPLES HERITAGE FINANCIAL GROUP, INC. NEWS RELEASE
For Immediate Release
For Further Information, Contact
Brian Arsenault, Corporate Communications Officer
(207) 761-8517
Peoples Heritage Announces Exchange Offer for its 9.06% Capital Securities
Portland, Maine, April 8, 1997 -- Peoples Heritage Financial Group,
Inc. (NASDAQ:PHBK) announced today the commencement of an offer by Peoples
Heritage Capital Trust I, a subsidiary of the Company, to exchange its $100
million restricted 9.06% Capital Securities for a like amount of its registered
9.06% Capital Securities. The exchange offer is being conducted in accordance
with the terms of the initial issuance of the Capital Securities on January 31,
1997, and is being made upon the terms and conditions set forth in a Prospectus
and in a related Letter of Transmittal which are being provided to holders of
record for the Capital Securities.
The exchange offer is not conditioned on any amount of capital
securities being exchanged. The exchange offer is scheduled to expire at 5:00
p.m., Eastern Time, on May 8, 1997, unless extended.
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