logo


AGNC Commences Public Offering of Common Stock
Tuesday, August 11, 2009 11:04 AM


(Source: Datamonitor)trackingAmerican Capital Agency 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.

American Capital Agency (AGNC) 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.

A service of YellowBrix, Inc.



(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Advertisement
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia