IPO
Latest Posts
PennyMac Subsidiary to Issue $750 Million IPO
May 26, 2009[Update 1: clarifies PennyMac filed for an IPO; yet to offer shares.] PennyMac Mortgage Investment Trust, a distressed asset firm founded by former Countrywide Financial Corp. President Stanford Kurland, filed Friday to issue an upcoming initial public offering. The firm hopes to raise up to $750m with the IPO.
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