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.