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


Related Articles (RAS)

View Comments and Join the Discussion!

Four Apple Stories From Monday You May Have Missed

ETF Outlook For Tuesday, January 14, 2014 (GDX, PBS, SPY, EGPT)