$NYCB announces a share issue at $2 each and convertible preferred stock with the same conversion price, aiming to raise $1.05 billion.
— Wall St Engine (@wallstengine) March 6, 2024
Liberty, Hudson Bay, and Reverence are investing $450M, $250M, and $200M, respectively.
The deal will also bring new directors, including… https://t.co/OWQ4eCqSr3