BETHESDA, Md., Feb. 1, 2017 /PRNewswire/ -- AGNC Investment
Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that
it has established an "at the market" equity offering program under
which the Company may offer and sell, from time-to-time, up to
$750,000,000 aggregate offering price
of shares of its common stock through "at the market" transactions
through Cantor Fitzgerald & Co. and Wells Fargo Securities,
LLC, as sales agents (the "ATM Facility"). As of the date of
this press release, the ATM Facility has not been utilized, and no
shares have been sold under the ATM Facility.
AGNC intends to use net proceeds from any such sales of its common
stock to finance the acquisition of agency securities, non-agency
securities (including credit risk transfer securities), other
mortgage-related assets and hedging instruments and for other
general corporate purposes. Pending this utilization, the
Company may invest the net proceeds from the offering in readily
marketable, short-term, interest-bearing investments.
The Company has filed a registration statement (including a
prospectus and a related prospectus supplement) with the Securities
and Exchange Commission ("SEC") for the offering of shares of
common stock described in this press release. Prior to
investing, prospective investors should read the prospectus in that
registration statement, the related prospectus supplement and other
documents the Company has filed with the SEC for more complete
information about the Company and this offering. These
documents may be obtained for free by visiting EDGAR on the SEC
website at www.sec.gov. Alternatively, copies of the
prospectus supplement and the accompanying prospectus relating to
these securities may be obtained by contacting Cantor Fitzgerald
& Co., Attention: Equity Capital Markets, 110 East 59th Street,
New York, New York 10022,
telephone: 212-829-7122 or Wells Fargo Securities, LLC, Attention:
Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, telephone (800)
326-5897 or email cmclientsupport@wellsfargo.com.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy shares of common stock, nor shall
there be any sale of these securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction.
ABOUT AGNC INVESTMENT CORP.
AGNC Investment Corp. is
an internally-managed real estate investment trust that invests
primarily in agency pass-through securities and collateralized
mortgage obligations for which the principal and interest payments
are guaranteed by a U.S. Government agency or a U.S.
Government-sponsored entity.
FORWARD LOOKING STATEMENTS
This press release contains statements that constitute
"forward-looking statements," including with regard to the
Company's securities offering and the anticipated use of the net
proceeds. These statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. No assurance can be given that the securities
offering discussed above will be completed on the terms described,
or at all, or that the net proceeds of the offering will be used as
indicated. Completion of the securities offering on the terms
described, and the application of net proceeds, are subject to
numerous conditions, many of which are beyond the control of the
Company, including, without limitation, changes in interest rates;
changes in the yield curve; changes in prepayment rates; the
availability and terms of financing; changes in the market value of
our assets; general economic conditions; market conditions;
conditions in the market for agency securities; legislative and
regulatory changes that could adversely affect the business of the
Company; and other factors, including those set forth in the Risk
Factors section of the Company's periodic reports and other
documents filed with the Securities and Exchange Commission
("SEC"). Copies are available on the SEC's website,
www.sec.gov. The Company undertakes no obligation to update
these statements for revisions or changes after the date of this
release.
CONTACT:
Investor Relations - (301) 968-9300
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SOURCE AGNC Investment Corp.