NBT Bancorp announces pricing of a common stock offering

NORWICH NBT Bancorp, Inc. announced today that it has priced a public stock offering of 1,576,230 shares of its common stock at a price to the public of $22.00 per share. Proceeds of the offering are expected to be used for general corporate purposes. NBT has also granted an underwriter a 30-day option to purchase up to an additional 236,434 shares of NBT common stock to cover overallotments, if any. The offering is expected to close on April 1, subject to customary closing conditions.

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