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Five Oaks files for IPO up to $115 million

Five Oaks Investment, a REIT focused on investing in, financing and managing agency and non-agency RMBS, filed on Thursday with the Securities and Exchange Commission to raise up to $115 million in an initial public offering.

Barclays (BCS) and Credit Suisse (CS) are the joint bookrunners on the deal. No pricing terms were disclosed.

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