Dynex Capital, Inc. Announces 12.5M Share Common Stock Offering
Dynex Capital, Inc. (NYSE: DX) announced today that it has agreed to sell 12,500,000 shares of its common stock in an underwritten public offering. Credit Suisse Securities (USA) LLC, BofA Merrill Lynch and JMP Securities are acting as joint book-running managers for the offering. The Company has granted the underwriters an option for 30 days to purchase up to an additional 1,875,000 shares of the Company's common stock.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.