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Flagstar Bancorp prices secondary cffering of common stock at $34.50

Jun. 12, 2018 8:14 AM ETNew York Community Bancorp, Inc. (NYCB) StockBy: Gaurav Batavia, SA News Editor
  • Flagstar Bancorp (NYSE:FBC) -0.40% priced a registered public secondary offering of 8M shares by MP Thrift at $34.50/share.
  • The offering is expected to close on June 14, 2018, subject to customary closing conditions.
  • Upon completion of the offering, assuming that the underwriters' option to purchase additional shares is not exercised, MP Thrift will own approximately 48% of the outstanding common stock.
  • Source: Press Release
  • Prior: Flagstar Bancorp with 8M share secondary

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