Five Oaks prices IPO at $15, as expected

By
A A A

Five Oaks Investment, an XL-backed mortgage REIT focused on Agency and non-Agency RMBS, raised $60 million by offering 4.0 million shares at $15, as expected. The company concurrently sold 1.7 million shares in a private placement to XL. Five Oaks Investment plans to list on the NYSE under the symbol OAKS. Barclays, Credit Suisse, UBS Investment Bank acted as lead managers on the deal.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: OAKS

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Stocks

Referenced

Most Active by Volume

85,467,945
  • $16.74 ▼ 0.30%
83,530,302
  • $12.49 ▲ 85.31%
68,697,805
  • $42.55 ▼ 0.77%
58,516,965
  • $101.63 ▼ 0.03%
49,234,469
  • $74.58 ▼ 3.74%
39,038,134
  • $8.56 ▲ 2.27%
37,813,410
  • $49.38 ▼ 5.24%
37,004,144
  • $46.24 ▼ 0.97%
As of 9/15/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com