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Chimera Investment Corp., a REIT, announces terms for its IPO

November 5, 2007
CIM

Chimera Investment Corp., which invests in residential mortgage loans, residential mortgage-backed securities, real estate-related securities and various other asset classes, plans to offer 33.3 million shares at a price of $15. Merrill Lynch, Credit Suisse and Deutsche Bank are the joint lead managers on the deal.