<< Read Full Article

Invesco Announces Proposed IPO For New REIT

Stock quotes in this article: IVZ , MS  

ATLANTA (AP) — Asset manager Invesco Ltd. said Friday it is planning an initial public offering of stock in a newly formed real estate investment trust to be called Invesco Mortgage Capital Inc.

The new company intends to invest in, finance and manage agency and non-agency residential and commercial mortgage-backed securities and mortgage loans, initially, in conjunction with financing from the U.S. government's Public-Private Investment Program and the Term Asset-Backed Securities Lending Facility.

Invesco Mortgage Capital will be managed and advised by Invesco Institutional Inc. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,308.26 1,096.07 2,180.05 34.87
Oil *
73.12
DOWN
132.86
DOWN
13.11
DOWN
26.86
DOWN
1.09
10 Yr
3.49%
SPDR Gold
107.34
-1.27%
-1.18%
-1.22%
-3.03%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services