Sign up for free newsletter

 

Shares

Armour Residential Reit announces public offering of Series B preferred stock

Fri, 08/02/2013 - 09:59

Armour Residential Reit is commencing an underwritten public offering of its Series B Cumulative Redeemable Preferred Stock.

Armour expects to grant the underwriters a 30-day option to purchase additional shares to cover overallotments, if any.

The company has applied to list the Series B preferred stock on the New York Stock Exchange under the symbol ARR PrB.

Citigroup Global Markets, UBS Securities and Deutsche Bank Securities  are acting as joint book-running managers of the offering. Barclays Capital, Credit Suisse Securities (USA), JP Morgan Securities, MLV & Co, JMP Securities, Ladenburg Thalmann, Maxim Group and National Securities Corporation are acting as co-managers.

The company intends to use the net proceeds of the offering to acquire additional agency securities as market conditions warrant and for general corporate purposes.


Subscribe to free daily newsletter
latestjobs
Lead C++ Software Engineer (Ultra-Low Latency)

Sat, 28 Mar 2015 00:00:00 GMT

Front Office Equity Derivatives Quant | NYC

Sat, 28 Mar 2015 00:00:00 GMT

Network Operations Engineer-Prop Trading Firm

Sat, 28 Mar 2015 00:00:00 GMT

events
1 day 23 hours from now - New York
1 week 23 hours from now - New Jersey
1 week 4 days from now - Zurich
2 weeks 23 hours from now - New York
2 weeks 23 hours from now - San Francisco
specialreports