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Dime Community Bancshares prices $160M in subordinated notes offering

  • Dime Community Bancshares (NASDAQ:DCOM) priced its offering of $160M of its 5.000% fixed-to-floating rate subordinated notes due 2032.
  • The notes will initially bear interest at 5% annually with interest payable semiannually in arrears, commencing on the issue date, to, but excluding, May 15, 2027.

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Dime Community Bancshares, Inc.