Home Loan Service (HLSS) Prices Offering at $15.25 Per Share, $217M Total
Tweet Send to a FriendGet Alerts HLSS Hot Sheet
Price: $23.62 -0.38%
Overall Analyst Rating:
BUY (
Up)
Dividend Yield: 6.7%
Revenue Growth %: -100.0%
Overall Analyst Rating:
BUY (
Up)Dividend Yield: 6.7%
Revenue Growth %: -100.0%
Trade HLSS Now!
Home Loan Servicing Solutions, Ltd. (Nasdaq: HLSS) announced today that it has priced a public offering of 14,250,000 of its ordinary shares at a public offering price of $15.25 per share for total gross proceeds of approximately $217 million. HLSS intends to use the net proceeds of the offering to purchase the right to receive servicing and other related fees, associated servicing advances and other related assets from Ocwen Loan Servicing, LLC. The offering is subject to customary closing conditions and is expected to close on September 12,
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
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
- TCP Capital (TCPC) Announces 4M Common Stock Offering
- Laclede (LG) Announces 8.7M Common Stock Offering
- Tesla (TSLA) Prices 3.39M Common Stock Offering
Create E-mail Alert Related Categories
Equity OfferingsLogin with Facebook
Sign 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!

