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American Capital Mortgage (MTGE) sys it plans to make a public offering of 18M shares of common...

American Capital Mortgage (MTGE) sys it plans to make a public offering of 18M shares of common stock. Management plans to use the proceeds toward mortgage-related investments. Barclays, Citigroup, Credit Suisse, Morgan Stanley and Wells Fargo Securities are acting as joint book-running managers. Shares -3.3% AH.
Comments (1)
  • Patrick Harden
    , contributor
    Comments (429) | Send Message
     
    That sure was a quick turnaround...shares opened the day below the 12/31/12 book value but were trading a premium by the close. I suspect the offering indicates a drop in book value thus far this year.
    11 Feb 2013, 05:41 PM Reply Like
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