Mortgage REIT PennyMac Investment Trust has inked a deal to sell $100 million of stock through Cantor Fitzgerald when it needs to raise equity. A spokesman for the company noted that its intention to sell stock — disclosed in a new SEC filing — does not represent an additional offering of equity, but is part of a $500 million shelf registration filed a few months back. (To date, it has not tapped any of the shelf.)
PennyMac can sell shares through Cantor
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