Market Overview

RAIT Financial Trust Prices 10M Share Offering at $8.52/Share

RAIT Financial Trust (NYSE: RAS) (the "Company") announced today that it
has priced an underwritten public offering of 10,000,000 common shares
at a public offering price of $8.52 per share. The Company has granted
the underwriters a 30-day option to purchase up to 1,500,000 additional
common shares. The offering is expected to close on January 17, 2014.

See full press release

Posted-In: News Guidance Offerings Management Global

 

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