Ellington Financial LLC Closes Offering of Senior Notes
The Company intends to use the net proceeds from the offering to acquire its targeted assets. The Company may also use the net proceeds of the offering for working capital and general corporate purposes.
Sandler O’Neill + Partners, L.P. served as the sole initial purchaser for the offering.
The notes have not been registered under the Securities Act of 1933, as
amended (the "Securities Act"), or any state securities laws and, unless
so registered, the securities may not be offered or sold in
This press release is neither an offer to sell nor a solicitation of an offer to buy the notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve
numerous risks and uncertainties. Our actual results may differ from our
beliefs, expectations, estimates, and projections and, consequently, you
should not rely on these forward-looking statements as predictions of
future events. Forward-looking statements are not historical in nature
and can be identified by words such as "anticipate," "estimate," "will,"
"should," "may," "expect," "project," "believe," "intend," "seek,"
"plan" and similar expressions or their negative forms, or by references
to strategy, plans, or intentions. The Company's results can fluctuate
from month to month depending on a variety of factors, some of which are
beyond the Company's control and/or are difficult to predict, including,
without limitation, changes in interest rates, changes in mortgage
default rates and prepayment rates, and other changes in market
conditions and economic trends. Furthermore, forward-looking statements
are subject to risks and uncertainties, including, among other things,
those described under Item 1A of our Annual Report on Form 10-K filed on
About
View source version on businesswire.com: http://www.businesswire.com/news/home/20170818005427/en/
Source:
Investors:
Ellington Financial LLC
Maria Cozine, Vice
President of Investor Relations
or
Lisa Mumford, Chief
Financial Officer
203-409-3575
info@ellingtonfinancial.com
or
Media:
Gasthalter
& Co., for Ellington Financial LLC
Amanda Klein or Kevin
Fitzgerald, 212-257-4170
Ellington@gasthalter.com