Invesco Mortgage Capital Inc. (the
"Company") IVR today announced the completion of its public offering
of 15,000,000 shares of its common stock and issuance of 2,250,000 shares of
its common stock pursuant to the underwriters' full exercise of their option
to purchase additional shares. The total offering of 17,250,000 shares
produced gross proceeds of approximately $362.2 million, before deducting
underwriting discounts and estimated offering expenses.
The Company expects to use the net proceeds from this offering to make
additional acquisitions of residential and commercial mortgage-backed
securities and mortgage loans, on a leveraged basis, and for other general
corporate purposes.
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