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Western Asset Mortgage Capital announces closing of public and private offerings of common stock


Thursday, 10 Apr 2014 08:30am EDT 

Western Asset Mortgage Capital:Closes public offering of 13,000,000 shares of common stock and a private placement of 650,000 shares of its common stock.Western Asset Management Co is external manager.Combined net proceeds were about $200 mln.Underwriters have option to purchase up to additional 1,950,000 shares.BofA Merrill Lynch, Morgan Stanley, Citigroup, UBS Investment Bank and Barclays acted as joint book runners for the offering. 

Company Quote

15.01
-0.16 -1.05%
2 Jul 2015