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American Capital Agency (AGNC) -2.8% premarket on plans to make a public offering of 54M common...

American Capital Agency (AGNC) -2.8% premarket on plans to make a public offering of 54M common shares, net proceeds from which the REIT says will be used to acquire additional agency securities and for general corporate purposes.
Comments (1)
  • Patrick Harden
    , contributor
    Comments (427) | Send Message
     
    The offering was upsized to 62 million shares with a 9 million overallotment option. AGNC received gross proceeds of $1.8 billion.
    8 Mar 2012, 08:45 AM Reply Like
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