The Bank of N.T. Butterfield & Son, a bank and wealth manager operating in Bermuda and the Cayman Islands, raised $250 million by offering 10.6 million shares at $23.50, within the range of $22 to $25. The Bank of N.T. Butterfield & Son plans to list on the NYSE under the symbol NTB. Goldman Sachs, Citi and Sandler O'Neill acted as lead managers on the deal.
