Chimera Investment (CIM) Prices Notes Offering
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Chimera Investment Corporation Announces Pricing of Public Offering of Senior Notes
May 15, 2024 5:15 PM EDTNEW YORK--(BUSINESS WIRE)-- Chimera Investment Corporation (NYSE: CIM) (the Company) announced today the pricing of an underwritten public offering of $65 million aggregate principal amount of its 9.00% senior notes due 2029 (the Notes). The Company has granted the underwriters a 30-day option to purchase up to an additional $9.75 million aggregate principal amount of the Notes to cover over-allotments. The offering is expected to close on May 22, 2024, subject to the satisfaction of customary closing conditions.
The Company intends to apply to list the Notes on the New York Stock Exchange under the symbol CIMN and, if the... More
