NEW YORK, June 09, 2022 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc. (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank, announced that the Company completed a private placement of $225 million of Senior Non-Cumulative Perpetual Preferred Stock, Series A (the “Preferred Stock”), to the U.S. Department of the Treasury (“Treasury”) pursuant to the Emergency Capital Investment Program (“ECIP”) on June 7, 2022.
Ponce Financial Group, Inc. Issues $225 million of Preferred Stock to the U.S. Department of Treasury Under the Emergency Capital Investment Program
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