Invesco Mortgage Capital Inc. Completes Public Offering of Common Stock
Invesco Mortgage Capital (NYSE: IVR) today announced the completion of its public offering of 20,000,000 shares of common stock. The total offering of 20,000,000 shares produced gross proceeds of approximately $367.4 million, before deducting underwriting discounts and estimated offering expenses. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of the Company's common stock to cover over-allotments, if any.
Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC acted as joint book-running managers for the offering.
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