PennyMac Mortgage Investment Trust, a newly formed REIT that plans to buy and refinance distressed residential mortgages, raised $320 million in its IPO by offering 16 million shares, 20% fewer than the 20 million originally planned, at $20 per share. The...read more
PennyMac Mortgage Investment Trust, a REIT that will invest primarily in residential mortgage loans and mortgage-related assets, announced terms for its IPO on Thursday. The Calabasas,CA-based company plans to raise $400 million by offering 20 million shares...read more
PennyMac Mortgage Investment Trust, a newly-formed REIT that will invest primarily in distressed residential mortgages and mortgage-related assets, filed with the SEC to raise as much as $750 million in an initial public offering on Tuesday. The Calabasas,...read more
PennyMac Mortgage prices 16 mm shares, raising 20% less than intended
PennyMac Mortgage Investment Trust, a newly formed REIT that plans to buy and refinance distressed residential mortgages, raised $320 million in its IPO by offering 16 million shares, 20% fewer than the 20 million originally planned, at $20 per share. The...read more
Upcoming IPOs: Globe Specialty Metals, PennyMac Mortgage Investment Trust, Sutherland Asset Management
The following IPOs are expected to price this week: ...read more
REIT PennyMac Mortgage Investment Trust sets IPO terms
PennyMac Mortgage Investment Trust, a REIT that will invest primarily in residential mortgage loans and mortgage-related assets, announced terms for its IPO on Thursday. The Calabasas,CA-based company plans to raise $400 million by offering 20 million shares...read more
REIT PennyMac Mortgage Investment Trust files for an IPO
PennyMac Mortgage Investment Trust, a newly-formed REIT that will invest primarily in distressed residential mortgages and mortgage-related assets, filed with the SEC to raise as much as $750 million in an initial public offering on Tuesday. The Calabasas,...read more