TWO - Two Harbors Investment announces 10M share offering
- Two Harbors Investment ( NYSE: TWO ) on Thursday announced an underwritten public offering of 10M shares.
- The REIT expects to grant underwriters a 30-day option to buy up to an additional 1.5M shares.
- Net proceeds will be used to acquire target assets, including residential mortgage-backed securities, mortgage servicing rights and other financial assets, as well as for general corporate purposes.
- Earlier, Two Harbors ( TWO ) issued preliminary Q4 results .
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Two Harbors Investment announces 10M share offering