trending Market Intelligence /marketintelligence/en/news-insights/trending/KKbxBDNFxCZww1Uzv_qtTg2 content esgSubNav
In This List

Granite Point Mortgage Trust announces pricing of private notes offering

Blog

Spotlight on sustainability How banks can overcome the challenges of achieving Net zero by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Granite Point Mortgage Trust announces pricing of private notes offering

Granite Point Mortgage Trust Inc. has announced the pricing of $125 million of 5.625% convertible senior notes due Dec. 1, 2022, in a private offering.

The company granted the initial purchasers an option to buy up to an additional about $18.8 million of the notes. The offering is expected to close on or about Dec. 12.

Granite Point plans to use the net proceeds to originate and acquire target assets and for general corporate purposes.