Resource Capital (RSO) Ticks Lower, Sells 8.5M Common at $5.90/Sh.

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Go back to Resource Capital (RSO) Ticks Lower, Sells 8.5M Common at $5.90/Sh.

Resource Capital (RSO) Commences 8.5M Common Follow-On

September 6, 2012 4:01 PM EDT

Resource Capital Corp. (NYSE: RSO) has commenced a public offering of 8,500,000 shares of its common stock. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 1,275,000 shares of the Company's common stock to cover over-allotments, if any. Deutsche... More