Sovereign Bancorp, the $25 billion-asset Wyomissing, Pa.-based thrift company that plans to buy 268 branches from Fleet Boston Corp., said Tuesday that it would raise more money than it had initially planned to finance the $1.4 billion deal.

It had said it would raise $1.4 billion, but that was increased to $1.75 billion Tuesday. In part, the $350 million difference is to help capitalize the branches, said Mark R. McCollom, vice president of finance at Sovereign.

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