Ellington Financial (EFC) Prices 3.5M Offering at $22.45/Share

Article Stock Quotes (1) Comments (0)

Ellington Financial LLC (NYSE: EFC) announced that it has priced an underwritten public offering of 3,500,000 common shares representing limited liability company interests at a price to the public of $22.45 per share. The Company has granted the underwriters an option for 30 days to purchase up to an additional 525,000 common shares. The offering is subject to customary closing conditions and is expected to close on August 20, 2012. Deutsche Bank Securities and BofA Merrill Lynch are acting as joint book-running managers for the offering. Stifel Nicolaus Weisel and JMP Securities are acting as co-managers for the offering.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• BioLineRx (BLRX) Enters $20M ATM Offering w/ Stifel
• Celsion (CLSN) Higher After ThermoDox HEAT Study Findings Reviewed
• Hess (HES), Elliott to End Proxy Contest; Three Elliott Nominees Will be Added

Create E-mail Alert Related Categories

Corporate News, Equity Offerings

Related Entities

Stifel Nicolaus, Deutsche Bank, Merrill Lynch, Bank of America, JMP Securities

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?