Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Tue, July 5, 9:43 PM

Slide #433. Five Oaks Investment Corp. Preferred Stock Offering

Company: Five Oaks Investment Corp. (OAKS)
Date announced: 12/17/2013
Security type: 8.75% Series A Cumulative Redeemable Preferred Stock (OAKS.PRA)
Shares Offered: 800,000
Date of Pricing: 12/18/2013
Price Per Share: $25
Preferred Stock Offering Details: Five Oaks Investment Corp. (NYSE: OAKS) today announced that the Company has commenced an underwritten public offering of its Series A Cumulative Redeemable Preferred Stock. In addition, the Company will grant the underwriters a 30-day option to purchase up to an additional 15% of the Series A Preferred Stock. The Company has applied to list the Series A Cumulative Redeemable Preferred Stock on the New York Stock Exchange under the symbol "OAKS-PrA". - updated 12/18 - Five Oaks Investment Corp. (NYSE: OAKS) (the "Company") today announced that it has priced a public offering of 800,000 shares of its 8.75% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") liquidation preference of $25.00 per share for estimated net proceeds of $18.3 million. The offering is subject to customary closing conditions and is expected to close on December 23, 2013.

Five Oaks Investment is a real estate investment trust. Co. is focused on investing in, financing and managing residential mortgage-backed securities (RMBS), multi-family mortgage backed securities (Multi-Family MBS), mortgage servicing rights and other mortgage-related investments. Co. invests in the following assets: Agency RMBS, which are residential mortgage-backed securities, for which a U.S. Government agency or a federally chartered corporation guarantees payments of principal and interest on the securities; Multi-Family MBS; Non-Agency RMBS, which are RMBS that are not issued or guaranteed by a U.S. Government-sponsored entity; and other mortgage-related investments.

Preferred: OAKS.PRA

Open the OAKS Page at Preferred Stock Channel »
Open the OAKS.PRA Page at Preferred Stock Channel for More Information About this Preferred »

Hunt Companies Finance Trust Inc

Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Preferred Stock Offerings - Slide 433 of 582 |

Copyright © 2010 - 2022, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.