January 17, 2023
You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies  >  Earnings  >  Current Article

PennyMac offers to sell 8 million shares


Westlake Village-based PennyMac Mortgage Investment Trust offered 8 million common shares in a public offering announced May 6. The proceeds will total about $169 million — or about $195 million if the option to purchase additional common shares is exercised in full. Underwriters will have until June 6 to purchase up to an additional 1.2…


    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.