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 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.
Two Harbors Investment Corp.
Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities, mortgage servicing rights and other financial assets. Two Harbors is headquartered in Minnetonka, MN.