New Century REIT Inc., a corporation created by New Century Financial Corp., Irvine, Calif., to operate its business after it converts to a real estate investment trust, has filed a registration statement with the Securities and Exchange Commission to make a public offering of $750 million worth of common stock.The joint book-running managers will be UBS Securities LLC and Friedman, Billings, Ramsey & Co. New Century Financial is a subprime mortgage wholesaler.

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