other material
confidence high
sentiment neutral
materiality 0.70
Annaly Capital Management authorizes up to $2.5B at-the-market common stock offering
ANNALY CAPITAL MANAGEMENT INC
- Entered Distribution Agency Agreements with 13 sales agents to offer up to $2.5B of common stock in ATM transactions.
- Commission for each sale will not exceed 1% of gross proceeds; shares issued under existing shelf registration.
- No specific offering size or pricing at this time; program provides capital-raising flexibility.
- Sales agents include Barclays, BofA, Goldman Sachs, J.P. Morgan, Morgan Stanley, Wells Fargo, and others.