Two Harbors Investment Corp., a Minnetonka, Minn.-based REIT that invests in MBS, has priced a public offering of 11,500,000 shares of its common stock at a price of $8.90 per share, for gross proceeds of approximately $102.4 million.

In addition, the company has granted the underwriters a 30-day option to purchase up to an additional 1,725,000 shares of the company's common stock to cover over-allotments, if any. The offering is expected to close on or about April 26, 2010. Credit Suisse Securities LLC is acting as sole book-runner for the offering.

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