Secondary Offering for Arlington Asset Investment Corp

(Est. Date 05/05/2017)

The company is an investment firm that currently focuses on acquiring and holding a levered portfolio of residential mortgage backed securities (MBS), consisting of agency MBS and private-label MBS. Agency MBS include residential mortgage passthrough certificates for which the principal and interest payments are guaranteed by a U.S. government agency or government sponsored enterprise, or a GSE, such as Fannie Mae and Freddie Mac. Private-label MBS, or nonagency MBS, include residential MBS that are not guaranteed by a GSE or the U.S. government. As of March 31, 2017, nearly all of our investment capital was allocated to agency MBS. We leverage prudently our investment portfolio so as to increase potential returns to our shareholders. We fund our investments primarily through short-term financing arrangements, principally through repurchase agreements. We enter into various hedging transactions to mitigate the interest rate sensitivity of our borrowings and the value of our MBS portfolio.

Holders of Series B Preferred Stock will be entitled to receive cumulative cash dividends at a rate of 7% per annum of the $25.00 per share liquidation preference, payable quarterly subject to prior payment in full of dividends in arrears, payable on the 30th day of each December, March, June, and September. Shares are redeemable by the Company beginning on the fifth anniversary, in whole or in part, at any time, for cash at the liquidation preference of $25.00 per share, plus any accumulated and unpaid dividends.

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This information has been gathered from the company's offering prospectus.

Secondary Offering Documentation

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Key Secondary Offering Data

AI.B
NYSE
JonesTrading
This information has been gathered from the company's offering prospectus.

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A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. No offer to buy the securities can be accepted and no part of the purchase price can be received until the registration statement has become effective, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to notice of its acceptance given after the effective date.