ARMOUR Residential REIT, Inc. Announces Pricing of Public Offering of 55,000,000 Shares of Common Stock
ARMOUR Residential REIT, Inc. (NYSE: ARR) announced today that it has priced an underwritten public offering of 55,000,000 shares of common stock. ARMOUR has granted the underwriters a 30-day option to purchase up to 8,250,000 additional shares of common stock. The underwriters are offering the shares in one or more transactions in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices. The offering is expected to close on August 8, 2012.
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