Two Harbors Investment (TWO) will offer 50 million shares of its common stock in an underwritten public offering. 

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

The firm also granted the underwriters an option up to 30 days to purchase an additional 7.5 million shares of stock.

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. 


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