American Capital Agency Corp. Announces Public Offering of 54M Shares

American Capital Agency Corp.

announced today that it plans to make a public offering of 54,000,000 shares of its common stock. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional 8,100,000 shares of common stock to cover overallotments. AGNC expects to use the net proceeds from this offering to acquire additional agency securities as market conditions warrant and for general corporate purposes.