Apollo Commercial Real Estate Finance Announces Preferred Stock Offering


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Apollo Commercial Real Estate Finance (NYSE: ARI) today announced the Company has commenced an underwritten public offering of its shares of Series A Cumulative Perpetual Preferred Stock. Citigroup and BofA Merrill Lynch are the joint book-running managers for the offering. J.P. Morgan and RBC Capital Markets are the joint lead managers for the offering. Stifel Nicolaus Weisel and Barclays are co-managers for the offering. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of Series A Preferred Stock initially sold to the public. The Company intends to file an application to list the Series A Preferred Stock on the New York Stock Exchange.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: NewsOfferings