Aug 23 (Reuters) - Anthracite Capital Inc AHR.N said it plans to privately offer $100 million of convertible senior notes due 2027.
It plans to use up to about $20 million of the net proceeds to buy back shares and use the rest to finance its commercial real estate-related investments, the company said in a statement. (Reporting by Bhaswati Mukhopadhyay in Bangalore)
NEW YORK (Reuters) - U.S. consumer confidence rose to a three-month high in December, while prices in the hard-hit housing sector stalled in October, breaking a five-month string of gains.
New legislation meant to protect consumers could be a "game changer" for the industry -- and not in a good way. Full Article
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