Two Harbors Investment (TWO) said late Tuesday it priced a $100 million public offering of 9.375% senior notes due Aug. 15, 2030.
Underwriters have a 30-day overallotment option to buy up to an additional $15 million of notes.
The company said it expects the offering to close May 13 and plans to use the proceeds for general purposes.
Two Harbors shares were up 1.3% in recent premarket activity Wednesday.
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