Bridge Capital Holdings BBNK, whose subsidiary is Bridge Bank, National Association, announced today that it has completed the redemption of $24.0 million in Series B Preferred Stock issued to the U.S. Treasury under the Troubled Asset Relief Program's Capital Purchase Program.
The U.S. Treasury continues to hold warrants to purchase 396,412 shares of Bridge Capital Holdings common stock, which the Company expects to repurchase in the near future.
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