Arlington Asset Investment Corp. Announces Secondary Offering of Common Stock of FBR Capital Markets
21 October 2009 - 7:32AM
PR Newswire (US)
ARLINGTON, Va., Oct. 20 /PRNewswire-FirstCall/ -- Arlington Asset
Investment Corp. (NYSE:AI) (the "Company") today announced that the
Company and one of its wholly owned subsidiaries, FBR Securities
Investment HY, LLC, plan to offer 12,830,450 shares of common stock
of FBR Capital Markets Corporation (NASDAQ:FBCM) ("FBR Capital
Markets") in an underwritten public offering. The underwriters of
the offering are expected to have a 30-day option to purchase up to
an additional 1,924,567 shares of FBR Capital Markets' common stock
from FBR Securities Investment HY, LLC to cover overallotments, if
any. FBR Capital Markets & Co., a wholly-owned subsidiary of
FBR Capital Markets, and Barclays Capital Inc. are joint
book-running managers for the offering and Sandler O'Neill &
Partners, L.P. is co-manager for the offering. About the Company
Arlington Asset Investment Corp. (NYSE:AI) invests in
mortgage-related assets and merchant banking opportunities. The
Company is headquartered in the Washington, D.C. metropolitan area.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any securities. A registration
statement relating to these securities has been filed and is
effective. A written prospectus for the offering meeting the
requirements of Section 10 of the Securities Act of 1933, as
amended (the "Securities Act") (other than a free writing
prospectus as defined in Securities Act Rule 405) may be obtained
from FBR Capital Markets & Co., 1001 Nineteenth Street North,
Arlington, VA 22209, Attention: Todd Davis, by calling FBR Capital
Markets & Co. at (703) 469-1023 or by emailing Todd Davis of
FBR Capital Markets & Co. at or from Barclays Capital Inc., c/o
Broadridge, Integrated Distribution Services, 1155 Long Island
Avenue, Edgewood, NY 11717, by calling Barclays Capital Inc. at 1
(888) 603-5847 or by emailing Barclays Capital Inc. at .
DATASOURCE: Arlington Asset Investment Corp. CONTACT: Media,
+1-877-370-4413, , or Investors, Kurt Harrington, +1-877-370-4413,
, both of Arlington Asset Investment Corp.
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