Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

BCB Bancorp, Inc. Completes Private Placement of $40.0 Million of Subordinated Notes

BCB Bancorp, Inc. (NJ) (BCBP) 
Last bcb bancorp, inc. (nj) earnings: 4/27 04:23 pm Check Earnings Report
US:NASDAQ Investor Relations: investorrelations.bcbcommunitybank.com
Company Research Source: GlobeNewswire
BAYONNE, N.J., Aug. 28, 2024 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), Bayonne, NJ (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today announced the completion of its private placement of $40.0 million in fixed-to-floating rate subordinated notes due 2034 (the “Notes”), to certain qualified institutional investors. The Notes initially bear a fixed rate of 9.250%, payable semi-annually, for the first five years and will reset quarterly thereafter to the then current three-month Secured Overnight Financing Rate (SOFR) plus 582 basis points. The Notes were assigned an investment grade rating of BBB+ by Egan-Jones Ratings Company. The Company intends to use the net proceeds from the offering for the refinancing of its existing $33.5 million of subordinated notes and for general corporate purposes. The Notes are intended to qualify as Tier 2 capital for the Company for regulatory purposes and the portion that the Company contributes to the Bank wi Show less Read more
Impact Snapshot
Event Time:
BCBP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BCBP alerts
Opt-in for
BCBP alerts

from News Quantified
Opt-in for
BCBP alerts

from News Quantified