PennyMac offers to sell 8 million shares

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By Staff Report / Thursday, May 9th, 2019 / Comments Off on PennyMac offers to sell 8 million shares

Westlake Village-based PennyMac Mortgage Investment Trust offered 8 million common shares in a public offering announced May 6. The proceeds will total about $169 million — or about $195 million if the option to purchase additional common shares is exercised in full. Underwriters will have until June 6 to purchase up to an additional 1.2…

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