BETHESDA, Md., Feb. 11, 2013 /PRNewswire/ -- American
Capital Mortgage Investment Corp. (Nasdaq: MTGE) ("MTGE" or the
"Company") announced today that it plans to make a public offering
of 18,000,000 shares of its common stock. In connection with
the offering, the Company intends to grant the underwriters an
option for 30 days to purchase up to an additional 2,700,000 shares
of common stock.
MTGE expects to use the net proceeds from this offering to invest,
as market conditions warrant, in its targeted assets, which include
agency mortgage investments, non-agency mortgage investments and
other mortgage-related investments.
Barclays, Citigroup, Credit Suisse Securities (USA) LLC, Morgan Stanley and Wells Fargo
Securities are joint book-running managers for the offering.
JMP Securities LLC and Keefe, Bruyette & Woods, Inc. are the
co-lead managers for the offering. Maxim Group LLC and
Wunderlich Securities are the co-managers for the offering.
The offering will be made pursuant to MTGE's existing effective
registration statement, previously filed with the Securities and
Exchange Commission. The offering of these securities will be made
only by means of a prospectus. Copies of the prospectus may be
obtained from Barclays Capital Inc., c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: (888)
603-5847, email: Barclaysprospectus@broadridge.com; Citigroup, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, telephone:
(800) 831-9146; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department,
One Madison Avenue, New York, NY
10010, telephone: (800) 221-1037; Morgan Stanley & Co., LLC,
Attn: Prospectus Department, 180 Varick Street, 2nd Floor,
New York, NY 10014-4606,
telephone: (866) 718-1649, email: prospectus@morganstanley.com; or
Wells Fargo Securities, LLC, Attention: Equity Syndicate Dept., 375
Park Avenue, New York, New York
10152, telephone: (800) 326-5897, email:
cmclientsupport@wellsfargo.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 AMERICAN CAPITAL MORTGAGE INVESTMENT CORP.
American
Capital Mortgage Investment Corp. is a real estate investment trust
formed in 2011 that invests in and manages a leveraged portfolio of
agency mortgage investments, non-agency mortgage investments and
other mortgage-related investments. The Company is externally
managed and advised by American Capital MTGE Management, LLC, an
affiliate of American Capital, Ltd. ("American Capital").
ABOUT AMERICAN CAPITAL
American Capital (Nasdaq: ACAS) is
a publicly traded private equity firm and global asset
manager. American Capital, both directly and through its
asset management business, originates, underwrites and manages
investments in middle market private equity, leveraged finance,
real estate and structured products. American Capital manages
$18.6 billion of assets, including
assets on its balance sheet and fee earning assets under management
by affiliated managers, with $117
billion of total assets under management (including levered
assets). Through an affiliate, American Capital manages publicly
traded American Capital Agency Corp. (Nasdaq: AGNC) with
approximately $10 billion market
capitalization and American Capital Mortgage Investment Corp.
(Nasdaq: MTGE) with approximately $850
million market capitalization. From its eight offices
in the U.S. and Europe, American
Capital and its affiliate, European Capital, will consider
investment opportunities from $10 million to
$750 million.
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 Securities and Exchange Commission
("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)
968-9220
SOURCE American Capital Mortgage Investment Corp.