Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: ValuEngine, Inc.
$25.00
Provider: New Constructs, LLC
$25.00
Provider: Pechala's Reports
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

AG Mortgage Investment Trust Inc Announces Public Offering of Series B Cumulative Redeemable Preferred Stock


Wednesday, 19 Sep 2012 10:15am EDT 

AG Mortgage Investment Trust Inc announced that it intends to make a public offering of shares of an original issuance of Series B Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share (the Series B Preferred Stock). The Company intends to grant the underwriters a 30-day option to purchase additional shares of the Series B Preferred Stock to cover any overallotments. The Company also intends to apply to list the Series B Preferred Stock on the New York Stock Exchange. The Company expects to use the net proceeds from the offering to enhance its liquidity position, to acquire additional credit investments, consistent with its investment strategy, and for general corporate purposes. Stifel Nicolaus Weisel, RBC Capital Markets, Barclays and Deutsche Bank Securities are acting as joint book-running managers for the offering. Credit Suisse Securities (USA) LLC, Sterne Agee, Wunderlich Securities, National Securities Corporation and Maxim Group LLC are acting as co-managers for the offering. 

Company Quote

18.81
-0.11 -0.58%
21 Jul 2014