November 23, 2016 / 3:37 PM / 9 months ago

BRIEF-ECN Capital to raise $100 mln through preferred share offering

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Nov 23 (Reuters) - Ecn Capital Corp

* Underwriters have agreed to buy 4 million cumulative 5-year minimum rate reset preferred shares, series a at a price of $25.00 per share

* Proceeds from offering expected to be used to originate and finance, directly and indirectly and finance assets

* ECN Capital to raise $100 million through preferred share offering Source text for Eikon: Further company coverage:

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