UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 8, 2007
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NEW YORK COMMUNITY BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-31565 06-1377322
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(State or other jurisdiction of Commission File Number (I.R.S. Employer
incorporation or organization) Identification No.)
615 Merrick Avenue, Westbury, New York 11590
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(Address of principal executive offices)
(516) 683-4100
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(Registrant's telephone number, including area code)
Not applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4c under the Exchange
Act (17 CFR 240.13e-4(c))
CURRENT REPORT ON FORM 8-K
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Item 3.03 Material Modification of Rights of Security Holders
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New York Community Bancorp, Inc. (the "Company") today announced that Haven
Capital Trust I ("Haven Trust I") a subsidiary of the Company, will redeem all
of its trust preferred securities. The Company currently expects to fund the
redemption with the proceeds of a new issue of trust preferred securities in
April 2007. Haven Trust I will redeem all $17.4 million of its fixed rate trust
preferred securities (the "Haven Trust I Securities") on April 1, 2007. The
redemption price for each of the Haven Trust I Securities will equal $1,052.30
(105.23% of the liquidation amount per security), plus all accrued and unpaid
distributions per security to the redemption date. All distributions accruing on
the Haven Trust I Securities will cease to accrue effective the redemption date.
A press release issued by the Company announcing the redemption is attached
hereto as Exhibit 99.1 and incorporated by reference herein.
Item 8.01 Other Events
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The Company today announced that Roslyn Preferred Trust I ("Roslyn Trust I"), a
subsidiary of the Company, will redeem all of its trust preferred securities.
The Company currently expects to fund the redemption with the proceeds of a new
issue of trust preferred securities in April 2007. Roslyn Trust I will redeem
all $63.0 million of its floating rate trust preferred securities (the "Roslyn
Trust I Securities") on April 1, 2007. The redemption price for each of the
Roslyn Trust I Securities will equal the $1,000.00 liquidation amount per
security, plus all accrued and unpaid distributions per security to the
redemption date. All distributions accruing on the Roslyn Trust I Securities
will cease to accrue effective the redemption date.
A press release issued by the Company announcing the redemption is attached
hereto as Exhibit 99.1 and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits
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(d) Attached as Exhibit 99.1 is a press release issued by the Company
on February 8, 2007, announcing the redemption of certain trust
preferred securities of the Company.
SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: February 12, 2007 NEW YORK COMMUNITY BANCORP, INC.
/s/ Thomas R. Cangemi
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Thomas R. Cangemi
Senior Executive Vice President
and Chief Financial Officer
EXHIBIT INDEX
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Exhibit 99.1 Press release issued on February 8, 2007.