other_material
confidence high
sentiment neutral
materiality 0.65
AGNC issues $345M in 8.75% Series H Preferred Stock; depositary shares trade as AGNCZ
AGNC Investment Corp.
- Issued 13,800 shares of Series H Preferred Stock at $25,000 liquidation preference per share, totaling $345M.
- 8.75% fixed cumulative dividend payable quarterly; first payment Jan 15, 2026.
- Not redeemable before Oct 15, 2030 except for REIT qualification or change of control.
- Depositary shares (AGNCZ) represent 1/1,000th interest; listed on Nasdaq.
- Upon a change of control, holders may convert Series H to AGNC common stock at a formula-based rate.
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