PennyMac Mortgage Investment Trust, Moorpark, Calif., late Tuesday filed information on the pricing of an underwritten public offering of 11.3 million common shares in a move it said may help fund among other things its correspondent lending business, including continuing purchases of jumbo loans.

The company said it may also use the net proceeds from the offering to fund other business and investment activities, including the purchase of distressed mortgages and other investments, repaying debt and general corporate purposes.

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