Resource Capital (RSO) Commences 8.5M Common Follow-On

Article Related Press Releases (1) Stock Quotes (1) Comments (0)

Resource Capital Corp. (NYSE: RSO) has commenced a public offering of 8,500,000 shares of its common stock. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 1,275,000 shares of the Company's common stock to cover over-allotments, if any. Deutsche Bank Securities is the sole book-runner and JMP Securities is the lead manager for the offering. The Company intends to use the net proceeds from the offering for general corporate purposes.

---

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

Create E-mail Alert Related Categories

Equity Offerings

Related Entities

Deutsche Bank, 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?