Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Sat, May 21, 9:24 AM

This Slide: #415 of 581

Slide #415. American Capital Agency Corp. — Preferred Stock Offering

Company:	American Capital Agency Corp. (NASDAQ:AGNC)
Date announced:	5/5/2014
Security type:	7.750% Series B Cumulative Redeemable Preferred Stock (AGNCB)
Shares Offered:	7,000,000
Date of Pricing:	5/5/2014
Price Per Share:	$25.00
Preferred Stock Offering Details:	American Capital Agency Corp. (NASDAQ: AGNC) ("AGNC" or the "Company") announced today that it has commenced an underwritten public offering of its depositary shares (the "Depositary Shares"), each representing a 1/1,000th interest in a share of the Company's Series B Cumulative Redeemable Preferred Stock. The Company has applied to list the Depositary Shares on the NASDAQ Global Select Market under the symbol "AGNCB". - updated 5/6 - American Capital Agency Corp. (NASDAQ: AGNC) ("AGNC" or the "Company") announced today that it has priced a public offering of 7 million depositary shares with a liquidation preference of $25.00 per share (the "Depositary Shares"), for estimated gross proceeds of $175 million. Each Depositary Share represents a 1/1,000th interest in a share of the Company's 7.750% Series B Cumulative Redeemable Preferred Stock. The offering is subject to customary closing conditions and is expected to close on or about May 8, 2014.

AGNC Investment is a real estate investment trust. Co. invests in Agency residential mortgage-backed securities for which the principal and interest payments are guaranteed by a United States Government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (together with Fannie Mae, the GSEs), or by a United States Government agency. Co. may also invest in other mortgage and mortgage-related residential and commercial mortgage-backed securities where repayment of principal and interest is not guaranteed by a GSE or United States Government agency or in other investments in, or related to, the real estate markets.

Preferred: AGNCP

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AGNC — Key Stats (updated 23 HRs, 3 MINs ago)

Name:
AGNC Investment Corp
Website:
www.agnc.com
Sector:
REITs
Number of ETFs Holding AGNC:
61 (see which ones)
Total Market Value Held by ETFs:
$755,606,520.74
Total Market Capitalization:
$6,209,000,000
% of Market Cap. Held by ETFs:
12.17%