IPO for Mortgage Player Hatteras Financial (HTS) Trades Slightly Higher
More News related to HTS
- Hatteras Financial Corp. Announces Conference Call to Discuss Second Quarter 2008 Results
- Friedman Billings Initiates Coverage Hatteras Financial (HTS) with a Outperform
- Hatteras Financial Corp. Resale Registration Statement Declared Effective
- Hatteras Financial Corp. Declares Second Quarter 2008 Dividend of $0.75 per Share
- Wachovia Starts Hatteras Financial (HTS) at Outperform
The IPO for Hatteras Financial (NYSE: HTS) is open for trading. The stock is trading at $24.32 after pricing 10,000,000 shares at $24.00.
Keefe, Bruyette & Woods, Inc. and Banc of America Securities LLC are acting as co-book running managers, and Wachovia Capital Markets, LLC, JMP Securities LLC and Stifel, Nicolaus & Company, Incorporated are acting as co-managers.
Hatteras Financial Corp. is an externally-managed mortgage real estate investment trust formed in 2007 to invest in adjustable-rate and hybrid adjustable-rate single-family residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or U.S. Government-sponsored entities, such as Fannie Mae, Freddie Mac or Ginnie Mae. [LJ]
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