Invesco Mortgage Capital Inc. Announces Public Offering of 8.5M Shares

Invesco Mortgage Capital Inc. IVR announced today that it plans to make a public offering of 8,500,000 shares of its common stock. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,275,000 shares of common stock to cover over-allotments. The Company expects to use the net proceeds from this offering to make additional acquisitions of residential and commercial mortgage-backed securities and mortgage loans, on a leveraged basis, and other general corporate purposes.