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Stock impact report

Annaly Capital Management, Inc. Announces Public Offering of Common Stock

Annaly Capital Management Inc. (NLY) 
Last annaly capital management inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: annaly.com/investors
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Annaly Capital Management, Inc. (NYSE:NLY) (the “Company” or “Annaly”) today announced that it intends to make a public offering of 60,000,000 shares of common stock. In connection with the offering, Annaly intends to grant the underwriters a thirty-day option to purchase up to an additional 9,000,000 shares of common stock. Annaly intends to use the net proceeds of this offering to acquire targeted assets under the Company’s capital allocation policy, which may include further diversification of its investments in Agency assets as well as residential, commercial and corporate credit assets. These investments include, without limitation, residential credit assets (including residential mortgage loans), middle market corporate loans, Agency MBS pools, to-be-announced forward contracts, adjustable rate mortgages, commercial real estate loans and securities and mortgage Show less Read more
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