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American Capital Agency Corp Announces Public Offering of Common Stock


Wednesday, 27 Feb 2013 04:17pm EST 

American Capital Agency Corp announced that it plans to make a public offering of 50,000,000 shares of its common stock. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional 7,500,000 shares of common stock. AGNC expects to use the net proceeds from this offering to acquire additional agency securities as market conditions warrant and for general corporate purposes. BofA Merrill Lynch, Citigroup, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are joint book-running managers for the offering. Mitsubishi UFJ Securities and Nomura are co-lead managers for the offering. 

Company Quote

22.84
0.18 +0.79%
21 Oct 2014