BETHESDA, Md., Aug. 16, 2017 /PRNewswire/ -- AGNC
Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced
today that it will redeem all 6.9 million of the issued and
outstanding shares of its 8.000% Series A Cumulative Redeemable
Preferred Stock (the "Series A Preferred Stock"). The
redemption amount (the "Redemption Amount") for the Series A
Preferred Stock will be $25.00 per
share, plus $0.333 per share of
accrued and unpaid dividends to, but not including, the redemption
date of September 15, 2017 (the
"Redemption Date").
On the Redemption Date, dividends will cease to accumulate on
the shares of the Series A Preferred Stock, shares of Series A
Preferred Stock shall no longer be deemed outstanding, and all
rights of the holders of those shares will terminate, except the
right to receive the Redemption Amount. As the redemption is
a redemption in full, the Series A Preferred Stock will cease
trading on the NASDAQ Global Select Market.
The redemptions will be made in accordance with the Depository
Trust Company's procedures. To collect the Redemption Amount,
holders of the Series A Preferred Stock must surrender their shares
to Computershare, the Company's dividend and redemption price
disbursing agent, as specified in the Notice of Redemption.
Questions regarding these redemptions and related materials
should be directed to Computershare Shareholder Services at
800-546-5141 (within the U.S.) or 781-575-2765 (outside the U.S.)
from 9:00 am ET to 5:00 pm ET Monday through
Friday.
ABOUT AGNC INVESTMENT CORP.
AGNC Investment Corp. is
an internally-managed real estate investment trust ("REIT") that
invests primarily in residential mortgage-backed securities for
which the principal and interest payments are guaranteed by a U.S.
Government-sponsored enterprise or a U.S. Government agency.
For further information, please refer to www.AGNC.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements.
Forward-looking statements are based on estimates, projections,
beliefs and assumptions of management of the Company at the time of
such statements and are not guarantees of future performance.
Forward-looking statements involve risks and uncertainties in
predicting future results and conditions. Actual results
could differ materially from those projected in these
forward-looking statements due to a variety of important factors,
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 the
Company's assets, general economic conditions, market conditions,
conditions in the market for agency securities, and legislative and
regulatory changes that could adversely affect the business of the
Company. Certain factors that could cause actual results to
differ materially from those contained in the forward-looking
statements, are included in the Company's periodic reports filed
with the Securities and Exchange Commission ("SEC"). Copies
are available on the SEC's website, www.sec.gov. The Company
disclaims any obligation to update or revise any forward-looking
statements based on the occurrence of future events, the receipt or
new information, or otherwise.
CONTACT:
Investor Relations - (301)
968-9300
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SOURCE AGNC Investment Corp.