NasdaqGS:AGNCMortgage REITs
Could AGNC’s (AGNC) New Preferred Stock Offering Reveal Shifts in Its Capital Allocation Strategy?
AGNC Investment Corp. recently completed a public offering of 12,000,000 depositary shares representing its new 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock at US$25 per share, raising US$300 million in gross proceeds.
This preferred equity offering introduces a new callable, cumulative, and perpetual security, potentially influencing AGNC's funding structure and future investment capacity.
We'll explore how this substantial preferred stock issuance could impact AGNC's...