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Ellington Financial Inc. Announces Pricing of Common Stock Offering

Vinson & Elkins is advising Ellington Financial Inc. in connection with an underwritten public offering of 4,600,000 shares of common stock at a price to the public of $18.29 per share. 

The offering priced on January 21, 2020 and is expected to close on January 24, 2020. 

Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans, residential and commercial mortgage-backed securities, consumer loans and asset-backed securities backed by consumer loans, collateralized loan obligations, non-mortgage and mortgage-related derivatives, equity investments in loan origination companies and other strategic investments.

The V&E corporate team was led by partner Daniel LeBey with assistance from partner Chris Green, senior associates Caroline Bailey and Zach Swartz and associate Bekah Briggs.

About Vinson & Elkins
For more than 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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