trending Market Intelligence /marketintelligence/en/news-insights/trending/1Nuglbqv8MTRR-ieFi0H_g2 content esgSubNav
In This List

Sutherland Asset Management offering $100M of senior notes

Blog

Insight Weekly: Private equity slows; SPAC underwriters retreat; carbon capture boost

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines


Sutherland Asset Management offering $100M of senior notes

Sutherland Asset Management Corp. is starting a public offering of $100 million of convertible senior notes due 2023.

The company also plans to grant the underwriters the option to buy up to an additional $15 million of the notes at the public offering price minus the underwriting discount.

Sutherland plans to use the net proceeds to originate or acquire additional mortgage loans and mortgage-related assets and for general corporate purposes.

Keefe Bruyette & Woods Inc. and JMP Securities LLC are serving as joint book-running managers. Compass Point Research & Trading LLC is serving as co-manager.