RAIT Financial (RAS) Tops Q2 EPS by 7c

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RAIT Financial (RAS) Prices 8M Common Stock Offering at $5.55/Share

July 31, 2015 8:50 AM EDT

RAIT Financial (NYSE: RAS) has priced an underwritten public offering of 8,000,000 common shares at a public offering price of $5.55 per share. The Company has granted the underwriters a 30-day option to purchase up to 1,200,000 additional common shares. The offering is expected to close on... More

RAIT Financial (RAS) Announces 8M Common Stock Offering

July 30, 2015 4:12 PM EDT

RAIT Financial (NYSE: RAS) announced that it has commenced an underwritten public offering of 8,000,000 common shares. The Company expects to grant the underwriters a 30-day option to purchase up to 1,200,000 additional common shares.

Barclays Capital Inc. and UBS Securities LLC are acting as... More