Bridge Bancorp plans $25 million public offering of its common stock

Bookrunner RBC Capital, co-manager Sandler O'Neill + Partners assist

By Devika Patel

Knoxville, Tenn., Oct. 1 - Bridge Bancorp, Inc. said it plans to price a $25 million public offering of common stock. The deal will have a 30-day 15% greenshoe.

RBC Capital Markets, LLC is the bookrunner, Sandler O'Neill + Partners, LP is the co-manager.

Proceeds will be used for the company's planned acquisition of FNBNY Bancorp, Inc. and for general corporate purposes.

Bridge is a Bridgehampton, N.Y., bank holding company.

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