Annaly Capital Management, Inc. NLY today announced that it has priced
a public offering of 16 million shares of its 7.50% Series D Cumulative
Redeemable Preferred Stock (the “Series D Preferred Stock”), liquidation
preference $25.00 per share, for gross proceeds of approximately $400 million.
The offering is subject to customary closing conditions and is expected to
close on or about September 13, 2012.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in