-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GKjNX7p0z3d8QRk32mJMXA676oEpgN5qIyaPUQRlT4aRexojm63BE/tlejUCQ2Jp ASIiN/7j4vUxs2N1UVXvAQ== 0000950117-08-000183.txt : 20080208 0000950117-08-000183.hdr.sgml : 20080208 20080208151125 ACCESSION NUMBER: 0000950117-08-000183 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080208 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080208 DATE AS OF CHANGE: 20080208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST HORIZON NATIONAL CORP CENTRAL INDEX KEY: 0000036966 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 620803242 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15185 FILM NUMBER: 08588788 BUSINESS ADDRESS: STREET 1: 165 MADISON AVENUE CITY: MEMPHIS STATE: TN ZIP: 38103 BUSINESS PHONE: 9018186232 MAIL ADDRESS: STREET 1: 165 MADISON AVENUE CITY: MEMPHIS STATE: TN ZIP: 38103 FORMER COMPANY: FORMER CONFORMED NAME: FIRST TENNESSEE NATIONAL CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FIRST TENNESSEE BANKS INC DATE OF NAME CHANGE: 19600201 8-K 1 r14873.htm FORM 8-K

UNITED STATES

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): February 8, 2008

 

First Horizon National Corporation

(Exact Name of Registrant as Specified in its Charter)

 

TN

001-15185

62-0803242

(State or other Jurisdiction
of Incorporation)

(Commission File Number)

(I.R.S. Employer
Identification No.)

 

165 Madison Avenue
Memphis, TN

38103

(Address of Principal Executive Offices)

(Zip Code)

 

Registrant's telephone number, including area code: (901) 523-4444

 


(Former name or former address, if changed from last report)

 

_____________________

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

 

Item 7.01 Regulation FD Disclosure

 

Furnished as Exhibit 99.1 is a copy of the Company’s press release issued February 8, 2008.

 

 

 

 

Item 8.01 Other Events

 

First Horizon National Corporation announced on February 8, 2008 that the proposed sale of nine metropolitan Atlanta branches of First Horizon Bank to Fifth Third Bank, a wholly owned subsidiary of Fifth Third Bancorp of Cincinnati, will not take place. The sale was scheduled to close on February 8.

 

 

 

 

Item 9.01 Financial Statements and Exhibits

 

(d)

Exhibits

The following exhibit is furnished pursuant to Item 7.01, is not to be considered “filed” under the Securities Exchange Act of 1934, as amended (“Exchange Act”), and shall not be incorporated by reference into any of the Company’s previous or future filings under the Securities Act of 1933, as amended, or the Exchange Act.

 

Exhibit #

Description              

 

99.1

Press release issued February 8, 2008

 

 

 

 

 



 

 

SIGNATURE

 

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.

 

 

First Horizon National Corporation

(Registrant)

 

Date: February 8, 2008

By:

/s/ D. Bryan Jordan

 

 

Executive Vice President and Chief Financial Officer

 

 



 

 

EXHIBIT INDEX

 

EX-99

Exhibit 99.1 - Press release issued February 8, 2008, furnished under Item 7.01

 

 

 

 

 

 

 

EX-99 2 r14873_ex99.htm EXHIBIT 99.1 - PRESS RELEASE ISSUED FEBRUARY 8, 2008, FURNISHED UNDER ITEM 7.01

Exhibit 99

First Horizon National Corp.'s Sale of Nine Atlanta Branches to Fifth Third Bank Will Not Occur

MEMPHIS, Tenn., Feb 8, 2008 (PrimeNewswire via COMTEX News Network) -- First Horizon National Corp. (NYSE:FHN) today announced that the proposed sale of nine metropolitan Atlanta branches of First Horizon Bank to Fifth Third Bank, a wholly owned subsidiary of Fifth Third Bancorp of Cincinnati, will not take place. The sale was scheduled to close today.

Charles Burkett, First Horizon president of Tennessee and national banking, said the sale of the branches to Fifth Third Bank will not be completed. First Horizon recently determined that the parties had not reached agreement concerning a key term of the contract. The issue was not related to the performance or quality of First Horizon's operations.

Burkett said First Horizon's immediate focus is on its customers and employees. "We will work closely with our customers and employees in Atlanta to ensure a smooth continuation of service and to maintain the high quality of our operations," he said. Customers have been notified that there will be no change to any of their First Horizon Bank accounts. Customers who have questions can call a dedicated customer service line at 1-800-354-0745 for assistance.

First Horizon Bank's metropolitan Atlanta branches will be open Saturday, Feb. 9, from 9 a.m. to 1 p.m. Regular Monday through Saturday hours will resume the following week.

Burkett stressed that First Horizon's longer-term strategic focus on its banking franchise in and around Tennessee remains unchanged. "We will explore the strategic alternatives for what is an attractive franchise in these First Horizon Bank branches in Atlanta," he said.

First Horizon's sale to Sterling Bank of 10 First Horizon Bank branches in the Dallas/Ft. Worth metroplex is scheduled to close today. The sales of the other First Horizon Bank branches closed in 2007.

First Horizon National Corp. no longer expects a financial gain from the sale of the First Horizon Banks in the first quarter of 2008, and realizing the full $30 million annual pre-tax benefit from divesting all of the First Horizon Banks will be delayed. However, because all of the other First Horizon Bank branches have sold, First Horizon still expects approximately $25 million in annual pre-tax benefit will be realized by the second quarter of 2008.

This release contains forward-looking statements involving significant risks and uncertainties, which are identified by words such as "believe," "expect," "anticipate," "intend," "estimate," "should," "is likely," "will," "going forward" and other expressions that indicate future events and trends and may be followed by or reference cautionary statements. A number of factors could cause actual results to differ materially from those in the forward-looking information. These factors are outlined in our most recent earnings press release and in more detail in our most current 10-Q and 10-K reports. First Horizon disclaims any obligation to update any of the forward-looking statements that are made from time to time to reflect future events or developments.

About First Horizon

The 10,000 employees of First Horizon National Corp. (NYSE:FHN) provide financial services to individuals and business customers through hundreds of offices located in more than 40 states. The corporation's three major brands -- FTN Financial, First Horizon and First Tennessee -- provide customers with a broad range of products and services including:

 



 

 

 

 

*

Retail/commercial banking, with the largest market share in

 

Tennessee and one of the highest customer retention rates of

any bank in the country

 

 

 

 

*

Capital markets, one of the nation's top underwriters of

 

U.S. government agency securities

 

 

 

*

Mortgage banking, one of the nation's top mortgage originators

 

and recipient of consecutive awards for servicing excellence

from Fannie Mae and Freddie Mac

 

 

FHN has been recognized as one of the nation's best employers by AARP and Working Mother magazines. FHN also was named one of the nation's 100 best corporate citizens by CRO magazine. More information can be found at www.fhnc.com.

FHN-G

This news release was distributed by PrimeNewswire, www.primenewswire.com

SOURCE: First Horizon National Corporation

First Horizon National Corp.

Charles Burkett, President of Tennessee and National Banking

(901)523-4502

 

Investor Relations

Dave Miller

(901)523-4162

 

Media Relations

Anthony Hicks

(901)523-4726

 

 

 

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