secwatch / observer
8-K filed February 17, 2023, 6:59 PM ET ticker CIM CIK 0001409493
other material confidence high sentiment neutral materiality 0.55

Chimera Corp enters $500M ATM common stock distribution agreements with JPM, UBS, and five others

CHIMERA INVESTMENT CORP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

CHIMERA INVESTMENT CORP entered into New Sales Agreements with J.P. Morgan Securities LLC and UBS Securities LLC valued at up to $500,000,000 (effective 2023-02-17).

Action
entry
Agreement
atm program
Counterparty
J.P. Morgan Securities LLC and UBS Securities LLC
Value
up to $500,000,000
Effective
2023-02-17
Exact text from the filing
On February 17, 2023, Chimera Investment Corporation (the “Company”) entered into (i) separate Distribution Agency Agreements (collectively, the “New Sales Agreements”) with each of J.P. Morgan Securities LLC and UBS Securities LLC, and (2) amendments (collectively, the “Amendments”) to the separate Distribution Agency Agreements, each dated February 18, 2022 (as amended, the “Existing Sales Agreements” and, together with the New Sales Agreements, the “Sales Agreements”), with JMP Securities LLC, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC (together with J.P. Morgan Securities LLC and UBS Securities LLC, the “Sales Agents”), to include J.P. Morgan Securities LLC and UBS Securities LLC as additional Sales Agents. Under the terms of the Sales Agreements, the Company may offer and sell shares of its common stock, par value $0.01 per share (“Common Stock”), having an aggregate offering price of up to $500,000,000 (the “
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

CHIMERA INVESTMENT CORP amended Amendments with JMP Securities LLC, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC valued at up to $500,000,000 (effective 2023-02-17).

Action
amendment
Agreement
atm program
Counterparty
JMP Securities LLC, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC
Value
up to $500,000,000
Effective
2023-02-17
Exact text from the filing
On February 17, 2023, Chimera Investment Corporation (the “Company”) entered into (i) separate Distribution Agency Agreements (collectively, the “New Sales Agreements”) with each of J.P. Morgan Securities LLC and UBS Securities LLC, and (2) amendments (collectively, the “Amendments”) to the separate Distribution Agency Agreements, each dated February 18, 2022 (as amended, the “Existing Sales Agreements” and, together with the New Sales Agreements, the “Sales Agreements”), with JMP Securities LLC, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC (together with J.P. Morgan Securities LLC and UBS Securities LLC, the “Sales Agents”), to include J.P. Morgan Securities LLC and UBS Securities LLC as additional Sales Agents. Under the terms of the Sales Agreements, the Company may offer and sell shares of its common stock, par value $0.01 per share (“Common Stock”), having an aggregate offering price of up to $500,000,000 (the “
View on SEC.gov

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CHIMERA INVESTMENT CORP filing history →

Source: SEC EDGAR
accession 0001193125-23-042040
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