other material
confidence high
sentiment neutral
materiality 0.65
AGNC announces public offering of 6M depositary shares of 7.75% Series G Preferred Stock
AGNC Investment Corp.
- Filed underwriting agreement to sell 6,000,000 depositary shares of 7.75% Series G Fixed-Rate Reset Cumulative Redeemable Preferred Stock.
- Underwriters granted 30-day option to purchase up to 900,000 additional depositary shares.
- Offering expected to close September 14, 2022; joint bookrunners include Morgan Stanley, BofA, Goldman Sachs, JPMorgan, RBC, UBS, KBW.
- Proceeds intended for general corporate purposes (not detailed in filing).