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Thursday, November 16, 2017
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO) announced today the pricing of its underwritten public offering of 11,000,000 shares of its 7.25% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”), liquidation preference $25.00 per share, for gross proceeds of approximately $275 million, before deducting the underwriting discount and other estimated offering expenses. The company also granted themore...
Thursday, November 16, 2017
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE:TWO) today announced certain adjustments to the conversion rate for the company’s 6.25% convertible senior notes due 2022 (the “Notes”). These conversion rate adjustments are being made pursuant to the supplemental indenture governing the Notes as a result of the company’s previously announced special stock dividend of common shares of Granite Point Mortgage Trust Inc. (the “Stock Dividend”) and the one-for-twomore...
Tuesday, November 07, 2017
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO), a leading hybrid mortgage real estate investment trust (REIT) that invests in residential mortgage-backed securities (RMBS), mortgage servicing rights (MSR) and other financial assets, today announced its financial results for the quarter ended September 30, 2017. On November 1, 2017, the company completed its previously announced one-for-two reverse stock split of its outstandingmore...
Monday, November 06, 2017
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp . (NYSE: TWO), a leading hybrid mortgage real estate investment trust, today announced certain tax basis information concerning the special stock dividend (the “Stock Dividend”) of common stock of Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“Granite Point”). On November 1, 2017, the company distributed the 33,071,000 shares of Granite Point common stock it had acquired in connection with the contributionmore...
Thursday, November 02, 2017
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp . (NYSE: TWO), a leading hybrid mortgage real estate investment trust, today announced the completion of its special stock dividend (the “Stock Dividend”) of common stock of Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“Granite Point”). On November 1, 2017, the company distributed the 33,071,000 shares of Granite Point common stock it had acquired in connection with the contribution of its commercial realmore...