Sterling Bancorp Announces Pricing of $22m Public Offering of Trust


Sterling Bancorp , parent company of Sterling National Bank, today announced the pricing of a $22 million public offering of trust preferred securities. Sterling has granted the underwriters an option to purchase up to an additional $3 million in trust preferred securities within thirty days to cover over-allotments. The securities will be listed on the New York Stock Exchange under the symbol, STL-PrA.



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