SVB Financial Group Announces Final Results of Its Debt Tender Offers, $108.6M Sr Notes, $204M Sub Notes Tendered (SIVB)

SVB Financial Group SIVB today announced the expiration and final results of the previously announced tender offers by its wholly-owned subsidiary, Silicon Valley Bank, to purchase for cash (i) any and all of its 5.700% Senior Notes due 2012 and (ii) any and all of its 6.050% Subordinated Notes due 2017 (the "Subordinated Notes" and together with the Senior Notes,the "Notes").  The tender offers expired at 5:00 p.m., New York City Time, on May 2, 2011.  The complete terms and conditions of the tender offers are set forth in the Offer to Purchase dated April 21, 2011 and the accompanying Letter of Transmittal sent to holders of the Notes.