Key Developments: Ellington Financial LLC (EFC.N)

EFC.N on New York Stock Exchange

22.10USD
1 Aug 2013
Price Change (% chg)

$-0.62 (-2.73%)
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$22.72
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Latest Key Developments (Source: Significant Developments)

Ellington Financial LLC Announces Second Quarter Dividend Of $0.77 Per Share
Thursday, 1 Aug 2013 06:10pm EDT 

Ellington Financial LLC announced that its Board of Directors has declared a dividend for the second quarter of 2013 of $0.77 per share, payable on September 16, 2013 to shareholders of record as of August 30, 2013.  Full Article

Ellington Financial LLC Announces Public Offering Of Common Shares
Wednesday, 8 May 2013 04:31pm EDT 

Ellington Financial LLC announced that it has commenced a public offering of 5,000,000 common shares representing limited liability company interests. The Company expects to grant the underwriters an option for 30 days to purchase up to an additional 750,000 common shares. BofA Merrill Lynch, Deutsche Bank Securities, Credit Suisse Securities (USA) LLC and UBS Securities LLC are acting as joint book-running managers for the offering. Keefe, Bruyette & Woods and JMP Securities are acting as co-managers for the offering. The Company expects to use the net proceeds of the offering to acquire certain of its targeted assets, including residential mortgage-backed securities backed by prime jumbo, Alt-A, manufactured housing and subprime residential mortgage loans and residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. government agency or a U.S. government-sponsored enterprise. The Company may also use the net proceeds for working capital and general corporate purposes.  Full Article

Ellington Financial LLC Announces First Quarter Dividend Of $0.77 Per Share
Thursday, 2 May 2013 05:18pm EDT 

Ellington Financial LLC announced that Board of Directors has declared a dividend for the first quarter of 2013 of $0.77 per share, payable on June 17, 2013 to shareholders of record as of May 31, 2013.  Full Article

Ellington Financial LLC Increases Dividend To $0.77 Per Share And Declares Special Dividend Of $0.75 Per Share
Wednesday, 13 Feb 2013 05:08pm EST 

Ellington Financial LLC announced that the Board of Directors declared a dividend of $0.77 per share for the fourth quarter of 2012, payable on March 15, 2013 to shareholders of record on March 1, 2013. The Company's Board of Directors also declared a special dividend for the fiscal year ended December 31, 2012 in the amount of $0.75 per share, also payable on March 15, 2013 to shareholders of record on March 1, 2013.  Full Article

Ellington Financial LLC Announces Third Quarter Dividend of $0.70 Per Share
Friday, 2 Nov 2012 05:12pm EDT 

Ellington Financial LLC announced that its Board of Directors has declared a third quarter 2012 dividend of $0.70 per share, payable on December 17, 2012 to shareholders of record as of November 30, 2012.  Full Article

Ellington Financial LLC Announces Exercise of Underwriters' Option to Purchase Additional Shares
Tuesday, 11 Sep 2012 04:05pm EDT 

Ellington Financial LLC announced that the underwriters of its public offering of 3,500,000 common shares representing limited liability company interests that closed on August 20, 2012 have exercised in full their option to purchase an additional 525,000 common shares. Subject to customary closing conditions, the closing for the additional common shares is expected to occur on September 12, 2012. The Company will receive proceeds of approximately $11.2 million from the sale of the additional shares, net of the underwriting discounts and commissions payable on such additional shares. After giving effect to the purchase of the additional shares by the underwriters, the Company will have sold a total of 4,025,000 common shares in the offering and will have received approximately $87.9 million in net proceeds. In connection with the offering, Deutsche Bank Securities and BofA Merrill Lynch acted as joint book-running managers and Stifel Nicolaus Weisel and JMP Securities acted as co-managers.  Full Article

Ellington Financial LLC Announces Closing of Public Offering of Common Shares
Monday, 20 Aug 2012 04:05pm EDT 

Ellington Financial LLC announced that it has closed its previously-announced underwritten public offering of 3,500,000 common shares representing limited liability company interests for net proceeds of approximately $76.7 million, after deducting underwriting discounts and commissions and estimated expenses. The Company has granted the underwriters a 30-day option to purchase up to an additional 525,000 common shares. Deutsche Bank Securities and BofA Merrill Lynch acted as joint book-running managers for the offering. Stifel Nicolaus Weisel and JMP Securities acted as co-managers. The Company expects to use the net proceeds of the offering to acquire certain of its targeted assets, including residential mortgage-backed securities backed by prime jumbo, Alt-A, manufactured housing and subprime residential mortgage loans and residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. government agency or a U.S. government-sponsored enterprise. The Company may also use the net proceeds for working capital and general corporate purposes.  Full Article

Ellington Financial LLC Announces Pricing Of Public Offering Of Common Shares
Wednesday, 15 Aug 2012 08:50am EDT 

Ellington Financial LLC announced that it has priced an underwritten public offering of 3,500,000 common shares representing limited liability company interests at a price to the public of $22.45 per share. The Company has granted the underwriters an option for 30 days to purchase up to an additional 525,000 common shares. The offering is subject to customary closing conditions and is expected to close on August 20, 2012. Deutsche Bank Securities and BofA Merrill Lynch are acting as joint book-running managers for the offering. Stifel Nicolaus Weisel and JMP Securities are acting as co-managers for the offering. The Company expects to use the net proceeds of the offering to acquire certain of its targeted assets, including residential mortgage-backed securities backed by prime jumbo, Alt-A, manufactured housing and subprime residential mortgage loans and residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. government agency or a U.S. government-sponsored enterprise. The Company may also use the net proceeds for working capital and general corporate purposes.  Full Article

Ellington Financial LLC Announces Public Offering of Common Shares
Tuesday, 14 Aug 2012 04:22pm EDT 

Ellington Financial LLC announced that it has commenced an underwritten public offering of 3,500,000 common shares representing limited liability company interests. The Company expects to grant the underwriters an option for 30 days to purchase up to an additional 525,000 common shares. Deutsche Bank Securities and BofA Merrill Lynch are acting as joint book-running managers for the offering. Stifel Nicolaus Weisel and JMP Securities LLC are acting as co-managers for the offering. The Company expects to use the net proceeds of the offering to acquire certain of its targeted assets, including residential mortgage-backed securities backed by prime jumbo, Alt-A, manufactured housing and subprime residential mortgage loans and residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. government agency or a U.S. government-sponsored enterprise. The Company may also use the net proceeds for working capital and general corporate purposes.  Full Article

Ellington Financial LLC Announces Second Quarter Dividend Of $0.70 Per Share
Wednesday, 1 Aug 2012 05:25pm EDT 

Ellington Financial LLC announced that its Board of Directors has declared a second quarter 2012 dividend of $0.70 per share, payable on September 17, 2012 to shareholders of record as of September 1, 2012  Full Article

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