Dime Community Bancshares, Inc. Announces Pricing of Subordinated Notes Offering

HAUPPAUGE, N.Y., June 26, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), today announced that the pricing of its offering of $65,000,000 of its 9.000% fixed-to-floating rate subordinated notes due 2034 (the “Notes”) in a registered public offering (the “Offering”). The Company has granted the underwriters a 30-day option to purchase up to an additional$ 9,750,000 aggregate principal amount of the Notes to cover ...