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Redwood Trust files $500 million stock shelf
By Ted A. Knutson
Washington, Nov. 24 - Redwood Trust, Inc. registered a $500 million shelf that contains the potential for convertibles in an S-3 filing with the Securities and Exchange Commission Wednesday.
Included within the shelf are common shares, preferred shares and warrants.
The Mill Valley, Calif.-based real estate investment trust said proceeds from offerings authorized by the shelf will be used for the acquisition of real estate and general corporate purposes.
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