AGNC Announces Secondary Offering of Its Common Stock by American Capital
July 14 2009 - 5:53PM
PR Newswire (US)
BETHESDA, Md., July 14 /PRNewswire-FirstCall/ -- American Capital
Agency Corp. (NASDAQ:AGNC) ("AGNC" or the "Company") announced
today that one of its stockholders, American Capital Ltd.
(NASDAQ:ACAS) ("American Capital"), agreed to sell 2,500,000 shares
of AGNC common stock to Deutsche Bank Securities. AGNC will not
receive any of the proceeds from the sale. American Capital
acquired the shares in a private placement simultaneously with the
closing of AGNC's initial public offering on May 20, 2008.
Following the closing of the secondary offering, American Capital
will hold 2,500,100 shares of AGNC common stock. The shares are
being sold pursuant to AGNC's existing shelf registration statement
filed with the Securities and Exchange Commission. This press
release is neither an offer to sell nor a solicitation of an offer
to buy shares of common stock. Copies of the prospectus supplement
relating to this offering, when available, may be obtained by
contacting Deutsche Bank Securities Inc., Deutsche Bank Securities,
Prospectus Department, Harborside Financial Center, 100 Plaza One,
Jersey City, New Jersey 07311-3988, telephone: 1-800-503-4611.
ABOUT AGNC AGNC is a REIT formed in 2008 to invest exclusively 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. The Company is externally managed and
advised by an affiliate of American Capital, Ltd. ABOUT AMERICAN
CAPITAL American Capital is a publicly traded private equity firm
and global asset manager. American Capital, both directly and
through its asset management business, originates, underwrites and
manages investments in middle market private equity, leveraged
finance, real estate and structured products. Founded in 1986,
American Capital has $11 billion in capital resources under
management(1) and ten offices in the U.S., Europe and Asia. (1) As
of March 31, 2009. FORWARD-LOOKING STATEMENTS This press release
contains forward-looking statements. Forward-looking statements are
based on estimates, projections, beliefs and assumptions of
management of the Company at the time of such statements and are
not guarantees of future performance. Forward-looking statements
involve risks and uncertainties in predicting future results and
conditions. Actual results could differ materially from those
projected in these forward-looking statements due to a variety of
factors, 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, and legislative and
regulatory changes that could adversely affect the business of the
Company. Certain factors that could cause actual results to differ
materially from those contained in the forward-looking statements,
are included in the Company's periodic reports filed with the
Securities and Exchange Commission ("SEC"). Copies are available on
the SEC's website, http://www.sec.gov/. The Company disclaims any
obligation to update or revise any forward-looking statements based
on the occurrence of future events, the receipt or new information,
or otherwise. Investors - (301)968-9300 DATASOURCE: American
Capital Agency Corp. CONTACT: American Capital Agency Corp.,
Investors, +1-301-968-9300
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