Hudson City Set to Raise $3.93b ; Offering Will Allow Savings Bank to Accelerate Expansion
The Record, Bergen County, NJ › June 03, 2005
Linked as:
Summary
Hudson City Bancorp said Thursday night that it will raise about $3.93 billion by selling the 65.8 percent of the company it currently owns.
The money will help Hudson City accelerate its expansion in New York State and elsewhere, as it seeks to bolster its position as a regional force in the jumbo mortgage lending niche - loans larger than $365,000.See the full content of this document
Extract
Hudson City Set to Raise $3.93b ; Offering Will Allow Savings Bank to Accelerate Expansion
The 137-year-old, Paramus-based company, which has $20 billion in assets and 86 branches, is the largest savings bank bas...
See the full content of this document
Sponsored links
