Item 8.01 Other Events.

On July 28, 2020, First BanCorp. (the "Corporation"), the bank holding company of FirstBank Puerto Rico ("FirstBank"), issued a press release announcing the receipt of requisite regulatory approvals from the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation and the Office of the Commissioner of Financial Institutions of Puerto Rico, for FirstBank to consummate the previously announced acquisition of the Puerto Rico operations of Banco Santander Puerto Rico. Subject to the satisfaction of the remaining customary conditions to closing, the Corporation expects to complete the acquisition by September 1, 2020.

A copy of the press release is being furnished as Exhibit 99.1 to this report and is incorporated by reference under this Item 8.01. The information in Items 8.01 and 9.01 of this report shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, or incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are filed with this report:





Exhibit No.                            Description

   99.1       Press Release, issued by the Corporation, dated July 28, 2020.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses