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Stock Market & Financial Investment News

News Breaks
July 16, 2014
16:05 EDTCLNYColony Financial files to sell 15M in common stock
The Company expects to use a portion of the net proceeds from this offering to repay amounts outstanding under its revolving credit facility, and to use the remainder of the net proceeds from this offering to acquire its target assets in a manner consistent with its investment strategies and investment guidelines, and for working capital and general corporate purposes. BofA Merrill Lynch, J.P. Morgan, Barclays, Credit Suisse and Deutsche Bank Securities will act as the joint book-running managers for this offering.
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