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Document Preview America First Mortgage Investments, Inc. Prices $64 Million Equity Offering |
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Title: |
America First Mortgage Investments, Inc. Prices $64 Million Equity Offering |
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Entities: |
MFA Mortgage Investments; Friedman, Billings, Ramsey & Co. Inc.; Ronald Freydberg; Stewart Zimmerman; Friedman, Billings, Ramsey & Co., Inc.; America First Mortgage Investments, Inc. |
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Date: |
2001 |
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4KB total |
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$30 |
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#260790 |
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AMERICA FIRST
MORTGAGE INVESTMENTS, INC.
399 PARK AVENUE
NEW YORK, NEW YORK 10022
TELEPHONE (212) 935-8760
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| PRESS RELEASE | FOR IMMEDIATE RELEASE | |||||||
NOVEMBER 1, 2001 |
NEW YORK METRO | |||||||
CONTACT: Ronald Freydberg |
NYSE: MFA | |||||||
| (212) 935-8760 | ||||||||
| www.mfa-reit.com | ||||||||
AMERICA FIRST MORTGAGE INVESTMENTS, INC.
PRICES $64 MILLION EQUITY OFFERING
(New York)?November 1, 2001?America First Mortgage Investments, Inc. (NYSE: MFA) announced today that it priced a public offering of 8,000,000 shares of its common stock at $8.00 per share. The lead underwriter was Friedman, Billings, Ramsey & Co., Inc. and the co-managers were Tucker Anthony Sutro Capital Markets and Stifel, Nicolaus and Company, Inc.
The net proceeds to the Company (after deducting estimated expenses) are expected to be approximately $59.7 million. The company has granted the underwriters an option, exercisable for 30 days, to purchase up to 1,200,000 additional shares of common stock to cover over-allotments.
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