Newcastle Investment (NCT) prices its 20M share secondary, with gross proceeds of about $209.6M...

|About: Newcastle Investment Corp. (NCT)|By:, SA News Editor

Newcastle Investment (NCT) prices its 20M share secondary, with gross proceeds of about $209.6M ($10.48/share?). The underwriters retain a 30-day option to buy up to 3M additional shares. Well-received? Newcastle is off just 0.3% to $10.72 in premarket trade. (PR)