NEW YORK–(BUSINESS WIRE)–Oct 31, 2018–New Residential Advance Corp. (NYSE: NRZ; “New Residential” or the “Company”) appear today its ambition to action 25,000,000 shares of its accepted banal in an underwritten accessible offering, accountable to bazaar conditions. The underwriters may action the shares from time to time for auction in one or added affairs on the New York Banal Exchange, in the over-the-counter market, through adjourned affairs or contrarily at bazaar prices prevailing at the time of sale, at prices apropos to prevailing bazaar prices or at adjourned prices. In affiliation with the offering, the Company expects to admission the underwriters an advantage for a aeon of 30 canicule to acquirement up to an added 3,750,000 shares of accepted stock.
The Company intends to use the net gain from this alms for investments and accepted accumulated purposes.
Credit Suisse Balance (USA) LLC, Barclays Capital Inc., Goldman Sachs & Co. LLC and BTIG, LLC are acting as collective book-running managers for the offering.
The alms will be fabricated pursuant to the Company’s able shelf allotment account filed with the Balance and Exchange Commission (the “SEC”). The alms will be fabricated alone by agency of a announcement and a accompanying announcement supplement. Prospective investors should apprehend the announcement supplement and the announcement in that allotment account and added abstracts the Company has filed or will book with the SEC for added complete advice about the Company and the offering. You may access these abstracts for chargeless by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the announcement supplement and the announcement may be acquired from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue New York, NY 10010, email: [email protected], telephone: (800) 221-1037; Barclays Capital Inc., Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email: [email protected], telephone: (888) 603-5847; Goldman Sachs & Co. LLC, Attention: Announcement Department, 200 West Street, New York, NY 10282, email: [email protected], telephone: (866) 471-2526; or BTIG, LLC, Attention: Equity Capital Markets, 825 Third Avenue, 32nd Floor, New York, NY 10022, email: [email protected], telephone: (212) 593-7555.
This columnist absolution does not aggregate an action to advertise or the address of an action to buy shares of accepted stock, nor shall there be any auction of these balance in any administration in which such offer, address or auction would be actionable above-mentioned to allotment or accomplishment beneath the balance laws of any such jurisdiction.
ABOUT NEW RESIDENTIAL
New Residential focuses on opportunistically advance in, and actively managing, investments primarily accompanying to residential absolute estate. The Company primarily targets investments in mortgage application accompanying assets and added accompanying adept investments. New Residential is organized and conducts its operations to authorize as a absolute acreage advance affirmation for federal assets tax purposes. The Company is managed by an associate of Fortress Advance Group LLC, a all-around advance administration firm.
Certain statements in this columnist absolution may aggregate advanced statements aural the acceptation of the Private Balance Litigation Reform Act of 1995, including, but not bound to, statements apropos to the alms and the advised use of gain of the offering. These statements are based on management’s accepted expectations and behavior and are accountable to a cardinal of trends and uncertainties that could account absolute after-effects to alter materially from those declared in the advanced statements, abounding of which are above our control. The Company can accord no affirmation that its expectations will be attained. Accordingly, you should not abode disproportionate assurance on any advanced statements independent in this columnist release.
For a altercation of some of the risks and important factors that could affect such advanced statements, see the sections advantaged “Risk Factors” in the announcement supplement and the announcement accompanying to the alms and in the Company’s best contempo Annual Report on Form 10-K and Quarterly Report on Form 10-Q, as able-bodied as the sections advantaged “Management’s Altercation and Analysis of Financial Condition and After-effects of Operations” congenital by advertence in the announcement supplement accompanying to the alms from the Company’s best contempo Annual Report on Form 10-K and Quarterly Report on Form 10-Q. In addition, new risks and uncertainties appear from time to time, and it is not accessible for the Company to adumbrate or appraise the appulse of every agency that may account its absolute after-effects to alter from those independent in any advanced statements. Such advanced statements allege alone as of the date of this columnist release. The Company especially disclaims any obligation to absolution about any updates or revisions to any advanced statements independent herein to reflect any change in the Company’s expectations with attention thereto or change in events, altitude or affairs on which any account is based.
View antecedent adaptation on businesswire.com:https://www.businesswire.com/news/home/20181031005842/en/
CONTACT: New Residential Advance Corp.
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES REIT BANKING FINANCE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: New Residential Advance Corp.
Copyright Business Wire 2018.
PUB: 10/31/2018 04:16 PM/DISC: 10/31/2018 04:16 PM
Copyright Business Wire 2018.
© 2018 The Associated Press. All rights reserved. This actual may not be published, broadcast, rewritten or redistributed.
11 Various Ways To Do Oregon Real Estate Offer Form | Oregon Real Estate Offer Form – oregon real estate offer form
| Encouraged to my blog, with this time period I am going to show you regarding oregon real estate offer form