Embattled NYCB raises $1B equity from investors, including Liberty Strategic Capital, Hudson Bay Capital, Reverence Capital Partners, Citadel Securities, and its management team.
Embattled lender NYCB announces it has raised over $1 billion in equity, with investments from Liberty Strategic Capital, Hudson Bay Capital, Reverence Capital Partners, Citadel Securities, and other investors, including its management team. The infusion comes amid reports of NYCB seeking a major cash injection to strengthen its balance sheet.
March 06, 2024
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