Convertibles Calendar: Redwood Trust on tap

June 20

REDWOOD TRUST INC.:

• $200 million six-year convertible notes

• Price talk for a coupon of 5.125% to 5.625% and an initial conversion premium of 6% to 10%

• Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Wells Fargo Securities LLC

• Greenshoe of $30 million

• Registered

• Proceeds to pay down debt, to fund investment initiatives and for general corporate purposes

• Mill Valley, Calif.-based specialty finance company focused on mortgage and other real estate related assets

© 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.