IPO News Archive

Western Asset Mortgage prices IPO at $20, as expected

5/9/12


Western Asset Mortgage Capital, a Western Asset-managed REIT focused on investing in Agency RMBS, raised $160 million by offering 8 million shares at $20, as expected. Western Asset Mortgage Capital plans to list on the NYSE under the symbol WMC. Deutsche Bank Securities acted as lead managers on the deal.
Keywords/Tickers: WMC
Source: www.RenaissanceCapital.com
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