Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Wed, April 24, 6:39 AM
This Slide: #510 of 620 |
Slide #510. New York Mortgage Trust, Inc. — Preferred Stock Offering
Company:
New York Mortgage Trust, Inc. (NASDAQ:NYMT)
Date announced:
5/28/2013
Security type:
7.75% Series B Cumulative Redeemable Preferred Stock (NYMTP)
Shares Offered:
3,000,000
Date of Pricing:
5/28/2013
Price Per Share:
$25.00
Preferred Stock Offering Details:
New York Mortgage Trust, Inc. (Nasdaq:NYMT) (the "Company") today announced that it plans to make a public offering of shares of its Series B Cumulative Redeemable Preferred Stock (the "Series B Preferred Stock"). The Company has applied to list the Series B Preferred Stock on the Nasdaq Capital Market under the symbol "NYMTP."
New York Mortgage Trust is a real estate investment trust engaged in the business of acquiring, investing in, financing and managing mortgage-related single-family and multi-family residential assets. Co.'s investment portfolio includes credit sensitive single-family and multi-family assets. Co.'s targeted investments include: residential loans, including business purpose loans; structured multi-family property investments such as preferred equity in, and mezzanine loans to, owners of multi-family properties; residential mortgage-backed securities that are not guaranteed by any agency of the U.S. Government or government sponsored enterprise; and commercial mortgage-backed securities.
Preferreds: NYMTP, NYMTN, NYMTM, NYMTL, NYMTZ
Open the NYMT Page at Preferred Stock Channel »
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