Ropes & Gray Advised Underwriters in Ellington Financial Inc.’s $118.5 Million Follow-On Offering

Ropes & Gray Advised Underwriters in Ellington Financial Inc.’s $118.5 Million Follow-On Offering

Ropes & Gray advised the underwriters in Ellington Financial Inc.’s $118.5 million underwritten follow-on offering of 8,775,000 shares of its common stock.

Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans and mortgage-backed securities, reverse mortgage loans, mortgage servicing rights and related investments, consumer loans, asset-backed securities, collateralized loan obligations, non-mortgage and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments. Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.

The Ropes & Gray team was led by Paul Tropp (Partner/ Capital Market) and Christopher Capuzzi (Partner/ Capital Market).

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.