Two Harbors Investment (TWO) completed its offering of 50 million shares of its common stock and issuance of an additional 7.5 million shares.

The total offering of 57.5 million shared produced net proceeds of $763 million.

The real estate investment trust will use the proceeds to make additional acquisitions of its target assets, including residential mortgage-backed securities and prime jumbo loans.

Credit Suisse (CS) is acting as the lead book-running manager for the offering. 

Barclays (BCS)Bank of America Merrill Lynch (BAC) and Goldman Sachs (GS) also are acting as book-running managers.