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Tuesday, May 24, 2011 11:31:14 PM
Two Harbors Investment Corp (NYSE:TWO)
Intraday Stock Chart
Today : Tuesday 24 May 2011
Two Harbors Investment Corp. (NYSE: TWO; NYSE Amex: TWO.WS) today announced that it plans to offer, subject to market and other conditions, 20,000,000 shares of its common stock in an underwritten public offering. The company has also granted the underwriters an option for 30 days to purchase up to an additional 3,000,000 shares of common stock to cover overallotments. Credit Suisse Securities (USA) LLC is acting as the lead book-running manager for the offering. Barclays Capital Inc. and Wells Fargo Securities LLC are acting as book-running managers. JMP Securities LLC is acting as co-manager.
The company expects to use the net proceeds from this offering to make additional acquisitions of residential mortgage-backed securities and other financial assets and for other general corporate purposes, including potentially to finance acquisitions of residential mortgage loans.
The offering will be made pursuant to the company’s existing shelf registration statement previously filed with and declared effective by the Securities and Exchange Commission on November 30, 2010 (Commission File No. 333-170251). The offering will be made only by means of a prospectus supplement and accompanying prospectus. Copies of the preliminary prospectus supplement and accompanying prospectus, when available, may be obtained by contacting:
Credit Suisse Securities (USA) LLC Barclays Capital Inc. Wells Fargo Securities, LLC
One Madison Avenue c/o Broadridge Financial Solutions Attn: Equity Syndicate
New York, New York 10010 1155 Long Island Avenue 375 Park Avenue
Attention: Prospectus Department Edgewood, NY 11717 New York, NY 10152-4077
or by telephone at (800) 221-1037 Telephone: (888) 603-5847 or by calling (800) 326-5897
or by emailing or by email:
barclaysprospectus@broadridge.com
cmclientsupport@wellsfargo.com
This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of the company’s securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About Two Harbors Investment Corp.
Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities and mortgage loans.
EAT & RUN
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- Two Harbors Investment Corp. Announces Details Pertaining to the 2023 Virtual Annual Meeting of Stockholders • Business Wire • 05/16/2023 12:00:00 PM
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