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Published on 6/16/2005 in the Prospect News Convertibles Daily.

Independence Bank files $750 million shelf

New York, June 16 - Independence Community Bank Corp. filed a $750 million shelf with the Securities and Exchange Commission.

Covered by the registration are debt securities, common stock, preferred stock, depositary shares, warrants, stock purchase contracts, stock purchase units and units, according to an S-3 filing with the Securities and Exchange Commission. Securities may be issued as convertibles.

The Brooklyn, N.Y.-based savings and loan will use proceeds for general corporate purposes.


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