** Shares of New York Community Bancorp climb 9.3% to $10.28

** Bank says three of the investors who had backed it in a $1 bln capital infusion in March were swapping part of their preferred stock for common shares

** The move could help NYCB preserve capital as common stockholders get lower dividends than preferred shareholders

** Steven Mnuchin's Liberty Strategic Capital, Hudson Bay Capital and Reverence Capital participated in the share exchange agreement

** YTD as of last close, stock has lost 69%

(Reporting by Niket Nishant in Bengaluru)

((Niket.Nishant@thomsonreuters.com;))