Western Asset Mortgage Capital (WMC) IPO Prices at $20, In-Line
Get Alerts WMC Hot Sheet
Join SI Premium – FREE
Western Asset Mortgage Capital Corporation (NYSE: WMC) priced its initial public offering of 8,000,000 shares of common stock at $20.00 per share, in-line with the expected pricing. Shares will open for trading today on the New York Stock Exchange under the ticker symbol "WMC."
Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Jefferies & Company, Inc. acted as the joint book runners for the offering.
Western Asset Mortgage Capital Corporation is a REIT that intends to invest primarily in Agency RMBS, which are residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government agency (such as GNMA) or a U.S. Government-sponsored entity (such as FNMA or FHLMC).
Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Jefferies & Company, Inc. acted as the joint book runners for the offering.
Western Asset Mortgage Capital Corporation is a REIT that intends to invest primarily in Agency RMBS, which are residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government agency (such as GNMA) or a U.S. Government-sponsored entity (such as FNMA or FHLMC).
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Karman Line Acquisition closes $200M IPO on Nasdaq
- Robinhood Ventures Fund II prices IPO at $25 per share on NYSE
- Bunge prices $600 million senior notes offering due 2031
Create E-mail Alert Related Categories
IPOsRelated Entities
Deutsche Bank, JPMorgan, Citi, Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share