PR Newswire
BETHESDA, Md., Feb. 1, 2017
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.
