Key Developments For American Capital Agency Corp.
American Capital Agency Corp. (AGNC.O) (Consolidated Issue listed on NASDAQ Global Market)
American Capital Agency Corp. Prices Public Offering of Common Stock
American Capital Agency Corp. announced that it priced a public offering of 5,000,000 shares of its common stock at a public offering price of $26.60 per share for total gross proceeds of $133 million. The Company has granted the underwriters an option to purchase up to an additional 750,000 shares to cover overallotments. The offering is expected to close on October 30, 2009. The Company expects to use the net proceeds from this offering to acquire additional agency securities as market conditions warrant and for general corporate purposes. Citi, Deutsche Bank Securities and UBS Investment Bank are the joint book-running managers for the offering.
American Capital Agency Corp. Commences Public Offering of Common Stock
American Capital Agency Corp. announced that it has commenced a public offering of 4,000,000 shares of its common stock. The Company has granted the underwriters an option to purchase up to an additional 600,000 shares to cover over-allotments. The Company expects to use the net proceeds from this offering to acquire additional agency securities as market conditions warrant and for general corporate purposes. Citi, Deutsche Bank Securities and UBS Investment Bank are the joint book-running managers for the offering.
American Capital Agency Corp. Declares $1.40 Third Quarter Dividend
American Capital Agency Corp. announced that its Board of Directors has declared a cash dividend of $1.40 per share for the third quarter 2009. The dividend is payable on October 27, 2009 to common shareholders of record as of October 2, 2009, with an ex-dividend date of September 30, 2009
American Capital Agency Corp. Prices Public Offering of Common Stock
American Capital Agency Corp. announced that it priced a public offering of 3.75 million shares of its common stock at a public offering price of $23.30 per share for total net proceeds of approximately $83 million. The Company has granted the underwriters an option to purchase up to an additional 562,500 shares to cover overallotments, if any. The offering is subject to customary closing conditions and is expected to close on August 14, 2009. The Company expects to use the net proceeds from this offering to acquire additional agency securities as market conditions warrant and for general corporate purposes. Citi and Deutsche Bank Securities are joint book-running managers for the offering. Credit Suisse, JMP Securities and UBS Investment Bank are the co-managers for the offering.
American Capital Agency Corp. Commences Public Offering of Common Stock
American Capital Agency Corp. announced it has commenced a public offering of 3.25 million shares of its common stock. The Company has granted the underwriters an option to purchase up to an additional 487,500 shares to cover overallotments. The Company expects to use the net proceeds from this offering to acquire additional agency securities as market conditions warrant and for general corporate purposes. Citi and Deutsche Bank Securities are joint book-running managers for the offering. Credit Suisse, JMP Securities and UBS Investment Bank are the co-managers for the offering.
