Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Ellington Financial LLC > News item |
Ellington Financial to price public sale of 3.5 million common shares
Deutsche Bank, BofA, Stifel Nicolaus Weisel and JMP Securities assist
By Devika Patel
Knoxville, Tenn., Aug. 14 - Ellington Financial LLC will price a public offering of 3.5 million common shares with a 30-day greenshoe for an additional 525,000 shares, according to a preliminary prospectus supplement filed Wednesday with the Securities and Exchange Commission.
Deutsche Bank Securities Inc.; Bank of America Merrill Lynch; Stifel, Nicolaus & Co., Inc. and JMP Securities LLC are assisting.
Proceeds will be used to purchase targeted assets and for general corporate purposes.
Ellington is a specialty finance company formed to specialize in various fixed-income investment strategies. The company is based in Old Greenwich, Conn.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.