RAIT Financial (RAS) Commences 6.95M Offering
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RAIT Financial Trust (NYSE: RAS) has commenced an underwritten public offering of 6,950,000 common shares. The Company expects to grant the underwriter a 30-day option to purchase up to 1,042,500 additional common shares.
Deutsche Bank Securities is acting as the sole book-running manager of the offering.
Deutsche Bank Securities is acting as the sole book-running manager of the offering.
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