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Arlington Asset Investment Corp. Announces Pricing of 1.756M Share Offering at $23.90

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Arlington Asset Investment Corp. (NYSE: AI) announced today that it has priced an underwritten registered public offering of 1,755,000 shares of Class A common stock at a public offering price of $23.90 per share. The Company has granted the underwriters an option for 30 days to purchase up to an additional 263,250 shares of Class A common stock to cover over-allotments, if any.

Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE Amex: LTS), is serving as sole bookrunning manager for the offering. Compass Point Research & Trading, LLC, Mitsubishi UFJ Securities and National Securities Corporation are serving as lead managers and Aegis Capital Corp. is serving as co-manager. The offering is subject to customary closing conditions and is expected to close on Monday, March 26, 2012.

Posted-In: News Offerings

 

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