New Issue: Yardville National Bancorp settles $8.72 million private placement of stock

By Sheri Kasprzak

New York, Nov. 7 - Yardville National Bancorp said it concluded a private placement for $8,723,961.

The company issued 235,401 shares at $37.06 each to individual accredited investors.

The non-brokered offering represents 2.17% of the company's outstanding shares.

Based in Hamilton, N.J., Yardville is a holding company for chain of regional banks in the northeast.

Issuer:	Yardville National Bancorp
Issue:	Stock
Amount:	$8,723,961
Shares:	235,401
Price:	$37.06
Warrants:	No
Placement agent:	Non-brokered
Settlement date:	Nov. 3
Stock price:	$37.06 at close Nov. 3

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