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NLY - Annaly Capital Management Inc.

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Marvan, Jun 20, 2019.

  1. Marvan

    Marvan Active Member

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    Annaly Capital Management, Inc., a diversified capital manager, invests in and finances residential and commercial assets.

    The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments.

    It also provides financing to private equity-backed middle market businesses; and operates as a broker-dealer.

    The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders.

    Annaly Capital Management, Inc. was founded in 1996 and is based in New York, New York.

    http://www.annaly.com
     
  2. Marvan

    Marvan Active Member

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  3. Marvan

    Marvan Active Member

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    Annaly Capital Management, Inc. (NLY), a Maryland corporation (“Annaly” or the “Company”), today announced that it has priced a public offering of an original issuance of 16.0 million shares of its 6.750% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series I Preferred Stock”), liquidation preference $25.00 per share, for gross proceeds of approximately $400 million before deducting the underwriting discount and other estimated offering expenses.

    The offering is subject to customary closing conditions and is expected to close on or about June 27, 2019.

    The Company intends to apply to list the Series I Preferred Stock on the New York Stock Exchange under the symbol “NLYPrI.”

    https://uk.finance.yahoo.com/news/annaly-capital-management-inc-announces-210000721.html
     
  4. Marvan

    Marvan Active Member

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