TWO - Public offerings

TWO ((Two Harbors Investment Corp, NYSE:TWO) (the "Company"), an MSR-focused REIT, today announced the pricing of an underwritten public offering of $100 million aggregate principal amount of its 9.375% senior notes due 2030 (the "Notes"). The Notes will be issued in minimum denominations of $25 and integral multiples of $25 in excess thereof. TWO has granted the underwriters a 30-day option to purchase up to an additional $15 million aggregate principal amount of the Notes to cover over-allotments. The offering is expected to close on May 13, 2025, subject to the satisfaction of customary closing conditions. The Company intends to apply to list the Notes on the New York Stock Exchange ("N

Delivered Stable Results Amidst Heightened Volatility Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust (REIT), today announced its financial results for the quarter ended June 30, 2024. Quarterly Summary Reported book value of $15.19 per common share, and declared a second quarter common stock dividend of $0.45 per share, representing a flat quarterly economic return on book value. For the first six months of 2024, generated a 5.8% total economic return on book value.(1) Generated Comprehensive Income of $0.5 million, or $0.00 per weighted average basic common share. Repurchased $10.0 million principal amount of convertible senior notes

MSR Provides Ballast When Agency Spreads Fluctuate Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust (REIT), today announced its financial results for the quarter ended December 31, 2023. Quarterly Summary Reported book value of $15.21 per common share, and declared a fourth quarter common stock dividend of $0.45 per share, representing a 2.0% quarterly economic return on book value.(1) Generated Comprehensive Income of $38.9 million, or $0.40 per weighted average basic common share. Generated Income Excluding Market-Driven Value Changes (IXM) of $0.39 per weighted average basic common share.(2) Issued 7.0 million shares of common sto

Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR real estate investment trust, today announced that Matrix Financial Services Corporation ("Matrix"), a wholly owned subsidiary of Two Harbors Investment Corp., completed its acquisition of RoundPoint Mortgage Servicing LLC ("RoundPoint"). RoundPoint became a wholly owned subsidiary of Matrix upon the closing of the transaction and has retained its servicing licenses and capabilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230929208938/en/ Anticipated Acquisition Benefits to Two Harbors Estimated incremental pre-tax earnings in 2024 of $25-30 million through addi

Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR mortgage real estate investment trust, today announced that it has priced a public offering of 10,000,000 shares of its common stock for a total expected gross proceeds of $178,000,000, before underwriting fees and estimated offering expenses. In connection with the offering, the Company has also granted the underwriters an option for 30 days to purchase up to an additional 1,500,000 shares of common stock. The offering is subject to customary conditions and is expected to close on or about February 6, 2023. The Company intends to use the net proceeds from the offering to purchase its target assets, including residential mortgage-bac

Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR mortgage real estate investment trust, today announced that it has commenced an underwritten public offering of 10,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of its common stock. The Company intends to use the net proceeds from the offering to purchase its target assets, including residential mortgage-backed securities, mortgage servicing rights and other financial assets, in each case subject to its investment guidelines and to the extent consistent with maintaining its real estate investment trust qualification, and for general co

Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR mortgage real estate investment trust, today announced that it has priced a public offering of 30,000,000 shares of its common stock for a total gross proceeds of $195,600,000, before underwriting fees and estimated offering expenses. In connection with the offering, the Company has also granted the underwriters an option for 30 days to purchase up to an additional 4,500,000 shares of common stock. The offering is subject to customary conditions and is expected to close on or about October 28, 2021. The Company intends to use the net proceeds from the offering to purchase its target assets, including residential mortgage-backed secur

Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR mortgage real estate investment trust, today announced that it has commenced an underwritten public offering of 30,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 4,500,000 shares of its common stock. The Company intends to use the net proceeds from the offering to purchase its target assets, including residential mortgage-backed securities, mortgage servicing rights and other financial assets, in each case subject to its investment guidelines and to the extent consistent with maintaining its real estate investment trust qualification, and for general pu

Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR mortgage real estate investment trust, today announced that is has priced a public offering of 40,000,000 shares of its common stock for a total expected gross proceeds of $260 million, before underwriting fees and estimated offering expenses. In connection with the offering, the Company has also granted the underwriters an option for 30 days to purchase up to an additional 6,000,000 shares of common stock. The offering is subject to customary conditions and is expected to close on or about July 15, 2021. The Company intends to use the net proceeds from the offering to purchase its target assets, including residential mortgage-backed

Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR mortgage real estate investment trust, today announced that it has commenced an underwritten public offering of 40,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 6,000,000 shares of its common stock. The Company intends to use the net proceeds from the offering to purchase its target assets, including residential mortgage-backed securities, mortgage servicing rights and other financial assets, in each case subject to its investment guidelines and to the extent consistent with maintaining its real estate investment trust qualification, and for general pu

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced the closing of its underwritten public offering of $287.5 million aggregate principal amount of 6.25% convertible senior notes due 2026 (the “Notes”), which includes $37.5 million aggregate principal amount of the Notes sold by the company to the underwriters of the offering pursuant to the option to purchase additional Notes. The Notes will be unsecured, pay interest semiannually at a rate of 6.25% per annum and be convertible at the option of the holder into shares of the company’s common stock. The Notes will mature in January 2026, unless e

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced the pricing of $250 million aggregate principal amount of 6.25% convertible senior notes due 2026 (the “Notes”) in an underwritten public offering. The company has granted to the underwriters of the offering a 13-day option to purchase up to an additional $37.5 million aggregate principal amount of the Notes to cover over-allotments, if any. The Notes will be unsecured, pay interest semiannually at a rate of 6.25% per annum and be convertible at the option of the holder into shares of the company’s common stock. The Notes will mature in January

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced that it plans to offer, subject to market and other conditions, up to $250 million aggregate principal amount of convertible senior notes due 2026 (the “Notes”) in an underwritten public offering. The company also expects to grant the underwriters of the offering a 13-day option to purchase up to an additional $37.5 million aggregate principal amount of the Notes to cover over-allotments, if any. The Notes will be unsecured, pay interest semiannually and be convertible at the option of the holder into shares of the company’s common stock. The N