BREAKING: $1.05 Billion to be injected into $NYCB
— Jack Farley (@JackFarley96) March 6, 2024
Deal Terms:
$450M from Liberty Strategic Capital (former Treasury Secretary Steven Mnuchin's fund)
$250M from Hudson Bay
$200M from Reverence
Other $150M from others including Citadel
$2.00 / share
+ convertible preferreds @… pic.twitter.com/EEYA54P4OF