Ellington Residential IPO indicated to open $19.00-$19.10 on 1.1M shares

Theflyonthewall.com – Wed, May 1, 2013 9:35 AM EDT

Ellington Residential Mortgage (EARN) priced 6.45M shares at $20.00. Credit Suisse, Deutsche Bank, Citigroup and UBS acted as joint book running managers for the offering.

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