Ru Back Packer

Quotes delayed 20 minutes



If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Ru Back Packer Staff, updated Thursday, February 1, 2:43 AM

Slide #397. Apollo Residential Mortgage, Inc. Preferred Stock Offering

Company: Apollo Residential Mortgage, Inc. (NYSE:AMTG)
Date announced: 9/13/2012
Underwriters: Morgan Stanley, UBS Investment Bank and J.P. Morgan
Shares Offered: 6,000,000
Date of Pricing: 9/13/2012
Price Per Share: $25
Closed Date: 9/20/2012
Preferred Stock Offering Details: Apollo Residential Mortgage, Inc. announced the Company has commenced an underwritten public offering of its shares of Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock"). Morgan Stanley, UBS Investment Bank and J.P. Morgan are the joint book-running managers for the offering. Credit Suisse Securities (USA) LLC, RBC Capital Markets, Stifel Nicolaus Weisel, and JMP Securities are the co-managers for the offering. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of Series A Preferred Stock initially sold to the public. The Company intends to file an application to list the Series A Preferred Stock on the New York Stock Exchange. --updated 9/13/12 -- Apollo Residential Mortgage, Inc. announced the Company sold 6,000,000 shares of 8.00% Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock") with a liquidation preference of $25 per share. In addition, the Company has granted the underwriters a 30-day option to purchase an additional 900,000 shares of the Series A Preferred Stock on the same terms and conditions.--updated 9/20/12 -- Apollo Residential Mortgage, Inc. announced the closing of an underwritten public offering of the Company's 8.00% Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock") with a liquidation preference of $25 per share.

Apollo Residential Mortgage is a holding company. Co. conducts business primarily through its ARM Operating, LLC subsidiary and its other operating subsidiaries. Co. is an alternative investment manager primarily engaged the business of investing, on a levered basis, in residential mortgage and mortgage-related assets in the U.S. As of Dec 31 2015, Co.'s portfolio was comprised of Agency residential mortgage-backed securities (RMBS) (comprised of pass-through, interest-only (IO) and Inverse IO securities), non-Agency RMBS, securitized mortgage loans, and other mortgage and mortgage related investment securities and other mortgage related investments.

Preferred: AMTG.PRA


Open the AMTG Page at Ru Back Packer »

Name: Apollo Residential Mortgage Inc
Website: apolloresidentialmortgage.com
Sector: REITs

Open the AMTG Page at Ru Back Packer (in a new window) »

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference

The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500

Preferred Stock Offerings - Slide 397 of 414 | rubackpacker.com | Copyright © 2011 - 2018, All Rights Reserved