| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| AMRESCO Capital Trust |
| 700 North Pearl Street, Suite 2400, Dallas, TX 75201 * (214) 953-7700 |
| The company is a real estate investment trust, (REIT). The company will invest in certain mid-to-high yield lending and investment opportunities in real estate related assets including various types of loans. |
| Manager | Tier | Phone |
| Prudential Securities Incorporated | Lead Manager | (212) 778-5420 |
| CS First Boston | Co-manager | (212) 325-2000 |
| J.C. Bradford & Co. | Co-manager | (615) 748-9347 |
| Nationsbanc Montgomery Securities, Inc. | Co-manager | (415) 627-2100 |
| Piper Jaffray Incorporated | Co-manager | (612) 342-6220 |
| NASNTL: | AMCT | Financial: | SIC 6798 | |
| Type of Shares: | Shares of Beneficial Interest | Filing Date: | 2/3/98 | |
| U.S. Shares: | 9,000,000 | Offer Date: | 5/6/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $19.00 - $21.00 | |
| Primary Shares: | 9,000,000 | Offer Price: | $15.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.94 | |
| Offering Amount: | $180,000,000 | Selling: | $0.54 | |
| Expenses: | $0 | Reallowance: | $0.10 | |
| Post-IPO Shares: | - | |||
| Employees: | 6 |
| Issuer's Law Firm: | Winstead Sechrest & Minick |
| Bank's Law Firm: | O'Melveny & Meyers |
| Registrar/Transfer Agent: | Bank of New York |
| Auditor: | Deloitte & Touche |
| Business Plan |
| To achieve its principal business objective, the Company's strategy is to: (I) capitalize upon its relationship with the AMRESCO Group, (ii) utilize the expertise and resources of Holliday Fenoglio Fowler, (iii) invest in certain types of assets, (iv) capitalize upon the market research capabilities of the AMRESCO Group, (v) utilize the expertise of the AMRESCO Group, (vi) borrow against or leverage its Invested Portfolio, (vii) utilize acquisition and borrowing strategies implement various hedging strategies and (viii) manage the credit risk of its Invested Portfolio. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |