Mar 14, 03:40 PM

NYCB Completes $1.05B Capital Infusion, Plans Stock Split, and Loan Sales of Commercial and Consumer Loans

New York Community Bancorp (NYCB) recently closed a $1.05 billion capital infusion led by former Treasury Secretary Mnuchin’s PE firm. The company is planning a 1:3 reverse stock split and issued 525 million shares of common stock. NYCB sold commercial and consumer loans to improve its financial position.

#New York Community Bancorp #Mnuchin #NYCB

Written with ChatGPT (GPT-3).

Sources

MarketWatch@MarketWatch
2 years ago
NYCB sells consumer loans valued at $899M in latest move to bolster finances https://t.co/ukgnKSb9dB
MarketWatch@MarketWatch
2 years ago
NYCB sells consumer loans valued at $899 million in latest move to bolster finances https://t.co/BsxV3mf65q
Reuters@Reuters
2 years ago
NYCB discloses loan sales, looks to integrate Signature into financial reporting https://t.co/BuThiscwTh https://t.co/f72rDW6BWs

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NYCB Completes $1.05B Capital Infusion, Plans Stock Split, and Loan Sales of Commercial and Consumer Loans

Sources

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