trending Market Intelligence /marketintelligence/en/news-insights/trending/jM4RT_3gj0NOYiAOXSzHhw2 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

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

PennyMac Mortgage Investment Trust prices offering of common shares

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

PennyMac Mortgage Investment Trust prices offering of common shares

PennyMac Mortgage Investment Trust priced an underwritten public offering of 8 million common shares of beneficial interest for total estimated gross proceeds of about $177 million, or approximately $203 million if the option to purchase additional common shares is exercised in full.

The underwriters have a 30-day option from the date of the offering to buy up to an additional 1.2 million shares from the company.

Settlement of the offering is expected to occur Dec. 13. PennyMac Mortgage Investment Trust intends to use the net proceeds from the offering for general corporate purposes, including funding its investment activity, the repayment of debt and working capital.

Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, BofA Securities, J.P. Morgan Securities LLC and Barclays Capital Inc. are the joint book-running managers and representatives of the underwriters for the offering. Nomura Securities International Inc. and Piper Jaffray & Co. are co-managers for the offering.