Valley National Bancorp in its $150 million public offering of 8.250% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series C

On July 29, 2024, Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, today announced the pricing of a public offering of 6,000,000 shares of its 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, for gross proceeds of $150 million.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Valley National Bancorp.