trending Market Intelligence /marketintelligence/en/news-insights/trending/EDM9BrMREYh4dmEW5F6flw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

PennyMac Mortgage Investment Trust closes common stock offering

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

PennyMac Mortgage Investment Trust closes common stock offering

PennyMac Mortgage Investment Trust on Aug. 13 closed its common stock offering.

The real estate investment trust sold 8 million common shares at $21.53 apiece and the underwriters fully exercised their option to purchase up to an additional 1.2 million common shares. PennyMac received net proceeds of about $197.8 million from the offering.

Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, BofA Securities Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC were joint book-running managers and representatives of the underwriters. Piper Jaffray & Co. was the co-manager.