Apollo Residential Mortgage Announces Pricing of 13.9M Share Public Offering

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Apollo Residential Mortgage, Inc.
AMTG
today announced the Company has priced an underwritten public offering of 13,900,000 shares of common stock. The Company has granted the underwriters a 30-day option to purchase up to an additional 2,085,000 shares of common stock. The offering is expected to close on April 20, 2012, and is subject to customary closing conditions. AMTG intends to use the net proceeds from the offering to acquire Agency residential mortgage-backed securities, non-Agency RMBS and other residential mortgage assets, as market conditions warrant, and for general corporate purposes.
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