ARLINGTON, Va., March 8, 2013 /PRNewswire/ -- Arlington
Asset Investment Corp. (NYSE: AI) (the "Company") announced today
that it has priced an underwritten registered public offering of
3,000,000 shares of Class A common stock at a public offering price
of $25.50 per share. The
Company has granted the underwriters an option for 30 days to
purchase up to an additional 450,000 shares of Class A common
stock. Barclays Capital Inc. and Credit Suisse Securities
(USA) LLC are serving as joint
bookrunning managers for the offering. Ladenburg Thalmann & Co.
Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc.
(NYSE MKT: LTS), and Compass Point Research & Trading, LLC, are
serving as co-managers. The offering is subject to customary
closing conditions and is expected to close on Wednesday, March 13, 2013.
The shares of Class A common stock will be offered under the
Company's existing shelf registration statement on Form S-3, which
was declared effective by the Securities and Exchange Commission.
The offering of these shares will be made only by means of a
prospectus supplement and accompanying base prospectus, which will
be filed with the Securities and Exchange Commission. Copies of the
prospectus supplement and accompanying base prospectus related to
this offering may be obtained by contacting Barclays Capital Inc.
or Credit Suisse Securities (USA)
LLC at the addresses below:
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Barclaysprospectus@broadridge.com
(888) 603-5847
Credit Suisse Securities (USA)
LLC
Attention: Prospectus Department
One Madison Avenue, New York, NY
10010
telephone: (800) 221-1037
email: newyork.prospectus@credit-suisse.com
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the offered shares or any other
securities, nor shall there be any sale of such shares or any other
securities in any state or other jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or other
jurisdiction.
About Arlington Asset Investment Corp.
Arlington Asset Investment Corp. is a principal investment firm
that invests in mortgage-related and other assets. The
Company is headquartered in the Washington, D.C. metropolitan area.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These include statements
regarding the Company's planned offering of common stock.
Forward-looking statements can be identified by forward-looking
language, including words such as "believes," "anticipates,"
"expects," "estimates," "intends," "may," "plans," "projects,"
"will" and similar expressions, or the negative of these
words. Due to known and unknown risks, including the risk
that the assumptions on which the forward-looking statements are
based prove to be inaccurate, actual results may differ materially
from expectations or projections. These risks also include
those described in the Company's Annual Report on Form 10-K for the
year ended December 31, 2012, which
has been filed with the Securities and Exchange Commission.
Readers of this press release are cautioned to consider these risks
and uncertainties and not to place undue reliance on any
forward-looking statements. The Company does not undertake
any obligation to update any forward-looking statement, whether
written or oral, relating to matters discussed in this press
release, except as may be required by applicable securities
laws.
SOURCE Arlington Asset Investment Corp.