0001030469-18-000029.txt : 20180613 0001030469-18-000029.hdr.sgml : 20180613 20180613161035 ACCESSION NUMBER: 0001030469-18-000029 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180613 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20180613 DATE AS OF CHANGE: 20180613 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OFG BANCORP CENTRAL INDEX KEY: 0001030469 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 660538893 STATE OF INCORPORATION: PR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12647 FILM NUMBER: 18896825 BUSINESS ADDRESS: STREET 1: 254 MU?OZ RIVERA AVENUE CITY: SAN JUAN STATE: PR ZIP: 00918 BUSINESS PHONE: 7877716800 MAIL ADDRESS: STREET 1: 254 MU?OZ RIVERA AVENUE CITY: SAN JUAN STATE: PR ZIP: 00918 FORMER COMPANY: FORMER CONFORMED NAME: ORIENTAL FINANCIAL GROUP INC DATE OF NAME CHANGE: 19970110 8-K 1 ofg8k06132018101.htm FORM 8-K  

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): June 12, 2018

 

OFG Bancorp

 

(Exact Name of Registrant as Specified in its Charter)

 

 

 

 

 

 

Commonwealth of Puerto Rico

 

001-12647

 

66-0538893

(State or other Jurisdiction of Incorporation)

 

(Commission File No.)

 

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

 

 

 

 

 

Oriental Center, 15th Floor

 

 

254 Muñoz Rivera Avenue

 

 

San Juan, Puerto Rico

 

00918

(Address of Principal Executive Offices)

 

(Zip Code)
             

 

Registrant’s telephone number, including area code: (787) 771-6800

 

____________________________________________________________

(Former Name or Former Address, if Changed Since 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 (see General Instruction A.2. below):

 

 

 

     ☐   

 

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

 

 

 

     ☐   

 

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

 

 

 

  

     ☐   

 

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

  

 

 

 

  

     ☐   

 

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

  
           

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

                On June 12, 2018, OFG Bancorp (the “Company”) and Metavante Corporation amended that certain Technology Outsourcing Agreement, dated as of January 26, 2007, to (i) extend the term thereof until May 31, 2026, (ii) assign the Company’s rights and obligations thereunder to its banking subsidiary, Oriental Bank, (iii) release the Company from its obligations thereunder, (iv) amend or establish certain confidential pricing terms and conditions, (v) establish an arbitration clause for the resolution of any dispute between the parties, and (vi) make certain other changes to the agreement.

 

 

SIGNATURES

 

                Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

 

                                    OFG BANCORP

 

Date: June 13, 2018

By:  

/s/ Ganesh Kumar

 

 

Ganesh Kumar

 

 

Senior Executive Vice President and Chief Operating Officer