Staying Informed

RAIT Financial Trust Prices Public Offering of Convertible Senior Notes Due 2033

PHILADELPHIA--(BUSINESS WIRE)--RAIT Financial Trust (“RAIT”) (NYSE: RAS) today announced the pricing of its public offering of $125 million aggregate principal amount of its 4.00% Convertible Senior Notes due 2033 (the “Notes”) in an underwritten public offering. RAIT granted the underwriters a 30-day option to purchase up to an additional $18.75 million aggregate principal amount of the Notes ...
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