BETHESDA, Md., May 1, 2017 /PRNewswire/ -- AGNC Investment Corp.
(Nasdaq: AGNC) ("AGNC" or the "Company") announced today that it
plans to make a public offering of 24,500,000 shares of its common
stock. In connection with the offering, the Company intends
to grant the underwriters a 30-day option to purchase up to an
additional 3,675,000 shares of common stock.
AGNC expects to use the net proceeds from this offering to
acquire additional agency securities as market conditions warrant
and for general corporate purposes.
J.P. Morgan, Citigroup, Credit Suisse and Goldman Sachs &
Co. LLC are joint book-running managers for the
offering.
The offering will be made pursuant to AGNC's existing effective
registration statement, previously filed with the Securities and
Exchange Commission (the "SEC"). The offering of these securities
will be made only by means of a prospectus. Copies of the
prospectus and prospectus supplement may be obtained from J.P.
Morgan, Attention: Prospectus Department, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling
866-803-9204; Citigroup Global Markets Inc., c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: (800) 831-9146;
Credit Suisse Securities (USA)
LLC, Attn: Prospectus Department, One Madison Avenue, New York, NY 10010, email:
newyork.prospectus@credit-suisse.com; or Goldman Sachs & Co.
LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, tel: (866) 471-2526, fax:
(212) 902-9316, e-mail:
prospectus-ny@ny.email.gs.com.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy shares of common stock, nor shall
there be any sale of these securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction.
ABOUT AGNC INVESTMENT CORP.
AGNC Investment
Corp. is an internally-managed real estate investment trust
that invests primarily in agency pass-through securities and
collateralized mortgage obligations for which the principal and
interest payments are guaranteed by a U.S. Government agency or a
U.S. Government-sponsored entity.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute
"forward-looking statements," including with regard to the
Company's securities offering and the anticipated use of the net
proceeds. These statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
No assurance can be given that the securities offering discussed
above will be completed on the terms described, or at all, or that
the net proceeds of the offering will be used as indicated.
Completion of the securities offering on the terms described, and
the application of net proceeds, are subject to numerous
conditions, many of which are beyond the control of the Company,
including, without limitation, changes in interest rates; changes
in the yield curve; changes in prepayment rates; the availability
and terms of financing; changes in the market value of our assets;
general economic conditions; market conditions; conditions in the
market for agency securities; legislative and regulatory changes
that could adversely affect the business of the Company; and other
factors, including those set forth in the Risk Factors section of
the Company's periodic reports and other documents filed with the
SEC. Copies are available on the SEC's website, www.sec.gov. The
Company undertakes no obligation to update these statements for
revisions or changes after the date of this release.
CONTACT:
Investor Relations - (301) 968-9300
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SOURCE AGNC Investment Corp.