REIT Five Oaks Investment files for a $115 million IPO

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Five Oaks Investment, a REIT focused on investing in, financing and managing agency and non-agency RMBS, filed on Thursday with the SEC to raise up to $115 million in an initial public offering. The New York, NY-based company, which was founded in 2012 and booked $4 million in sales for the 12 months ended 9/30/2012, plans to list on the NYSE under the symbol FOIC. Barclays and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.



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: FOIC

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