NEW YORK–(BUSINESS WIRE)–Two Harbors Investment Corp. (NYSE: TWO), an Company + MSR mortgage actual property funding belief, at the moment introduced that it has commenced an underwritten public providing of 40,000,000 shares of its widespread inventory. The Firm expects to grant the underwriters a 30-day choice to buy as much as a further 6,000,000 shares of its widespread inventory. The Firm intends to make use of the online proceeds from the providing to buy its goal belongings, together with residential mortgage-backed securities, mortgage servicing rights and different monetary belongings, in every case topic to its funding tips and to the extent per sustaining its actual property funding belief qualification, and for common functions.
Goldman Sachs & Co. LLC and J.P. Morgan are appearing as joint book-running managers for the providing. JMP Securities LLC is appearing as co-manager.
The providing might be made pursuant to the corporate’s shelf registration assertion beforehand filed with the Securities and Alternate Fee (“SEC”) on February 26, 2021 (Fee File No. 333-253606). The providing might be made solely by way of a prospectus complement and an accompanying prospectus. Earlier than you make investments, you need to learn the prospectus complement and accompanying prospectus together with different paperwork that the corporate has filed with the SEC for extra full details about the corporate and this providing. Copies of the preliminary prospectus complement and accompanying prospectus, when out there, could also be obtained by contacting:
Goldman Sachs & Co. LLC
200 West Avenue
New York, NY 10282
Consideration: Prospectus Division
Or by phone at (866) 471-2526
J.P. Morgan Securities LLC
c/o Broadridge Monetary Options
1155 Lengthy Island Avenue
Edgewood, NY 11717
Or by electronic mail at: email@example.com
Or by phone at: (866) 803-9204
This press launch shall not represent a suggestion to promote, or a solicitation of a suggestion to purchase, shares of widespread inventory, or every other securities, nor shall there be any sale of the corporate’s securities in any state or jurisdiction by which such a suggestion, solicitation or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or jurisdiction.
Cautionary Discover Relating to Ahead-Wanting Statements
This launch might embrace statements and knowledge that represent “forward-looking statements” throughout the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended, and we intend such forward-looking statements to be lined by the secure harbor provisions therein and are included on this assertion for functions of invoking these secure harbor provisions. Ahead-looking statements embrace statements with respect to our beliefs, plans, targets, targets, targets, expectations, anticipations, assumptions, estimates, intentions and future efficiency. The forward-looking statements made on this launch embrace, however might not be restricted to, expectations relating to the usage of proceeds from the providing.
Ahead-looking statements will not be ensures, and so they contain dangers, uncertainties and assumptions. There could be no assurance that precise outcomes won’t differ materially from our expectations. We warning buyers to not rely unduly on any forward-looking statements and urge you to fastidiously take into account the dangers recognized beneath the captions “Danger Elements,” “Ahead-Wanting Statements” and “Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations” in our public filings with the SEC, which can be found on the SEC’s web site at www.sec.gov.
All written or oral forward-looking statements that we make, or which can be attributable to us, are expressly certified by this cautionary discover. Besides to the extent required by relevant legal guidelines and rules, we undertake no obligations to replace these forward-looking statements to replicate occasions or circumstances after the date of this launch or to replicate the incidence of unanticipated occasions.
Two Harbors Funding Corp.
Two Harbors Funding Corp., a Maryland company, is an actual property funding belief that invests in residential mortgage-backed securities, mortgage servicing rights and different monetary belongings. Two Harbors is headquartered in Minnetonka, MN.
Stockholders of Two Harbors and different individuals might discover further data relating to the corporate on the Securities and Alternate Fee’s Web web site at www.sec.gov or by directing requests to: Two Harbors Funding Corp., 601 Carlson Parkway, Suite 1400, Minnetonka, MN, 55305, phone (612) 453-4100.