Ocwen Financial Corporation Announces Effectiveness Of Registration Statement In Connection With Previously Issued Conve
Topic 1 PrimeZone Media NetworkOcwen Financial Corporation Announces Effectiveness Of Registration Statement In Connection With Previously Issued Convertible NotesMarch 15, 2005 TuesdayWEST PALM BEACH, Fla., March 15, 2005 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) announced today that a Registration Statement on Form S-3 relating to the resale of $175 million aggregate principal amount of its 3.25% Contingent Convertible Senior Unsecured Notes Due 2024, and the shares of common stock issuable upon conversion of the notes, has been declared effective by the Securities and Exchange Commission.Ocwen will not receive any proceeds from any resale by the selling securityholders of the convertible notes or the shares of common stock issuable upon conversion of the convertible notes.(NYSE:OCN)
