Apollo Residential Mortgage Prices IPO at $20 a Share

Apollo Residential Mortgage, a specialty finance company controlled by buyout shop Apollo Global Management, priced its initial public offering Thursday at $20 per share, Reuters reported. Apollo Residential sold 10 million shares in the offering, raising $200 million, Reuters wrote. Morgan Stanley, Credit Suisse and J.P Morgan were the underwriters on the offering.

22 July 2011•1 min read
Feature image
LinkedInXEmail
LinkedInXEmail