ATLANTA--(BUSINESS WIRE)--
Invesco Mortgage Capital Inc. (the "Company") (NYSE: IVR) announced
today that it plans to make a public offering of 9,000,000 shares of its
common stock. The Company has granted the underwriters a 30-day option
to purchase up to an additional 1,350,000 shares of common stock to
cover over-allotments.
The Company expects to use the net proceeds from this offering to make
additional acquisitions of residential and commercial mortgage-backed
securities and mortgage loans, on a leveraged basis, and other general
corporate purposes.
Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. Incorporated
are acting as joint book-running managers for the offering. JMP
Securities LLC, Keefe Bruyette & Woods, Inc. and Stifel, Nicolaus &
Company, Incorporated will serve as co-managers.
A registration statement on Form S-11 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.
The offering will be made only by means of a prospectus. Copies of the
preliminary prospectus, when available, may be obtained by contacting:
Credit Suisse Securities (USA) LLC Morgan Stanley & Co. Incorporated
One Madison Avenue 180 Varick Street, 2nd Floor
New York, New York 10010 New York, New York 10014
Attention: Prospectus Department Attention: Prospectus Department
or by calling 1-800-221-1037 or by calling 1-866-718-1649
This announcement shall not constitute an offer to sell or the
solicitation of an offer to buy any securities of the Company, nor shall
there be any sale of securities in any state or jurisdiction in which
such an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Invesco Mortgage Capital Inc.
Invesco Mortgage Capital Inc. is a real estate investment trust that
focuses on financing and managing residential and commercial
mortgage-backed securities and mortgage loans. Invesco Mortgage Capital
Inc. is externally managed and advised by Invesco Advisers, Inc., a
subsidiary of Invesco Ltd. (NYSE: IVZ), a leading independent global
investment management company. Additional information is available at www.invescomortgagecapital.com.
Cautionary Notice Regarding Forward-Looking Statements
This release may include statements and information that constitute
"forward-looking statements" within the meaning of the U.S. securities
laws. Forward-looking statements include statements with respect to our
beliefs, plans, objectives, goals, targets, expectations, anticipations,
assumptions, estimates, intentions and future performance. In addition,
words such as "will," "expects" and "plans," as well as any other
statement that necessarily depends on future events, are intended to
identify forward-looking statements.
Forward-looking statements are not guarantees, and they involve risks,
uncertainties and assumptions. There can be no assurance that actual
results will not differ materially from our expectations. We caution
investors not to rely unduly on any forward-looking statements and urge
you to carefully consider the risks identified under the captions "Risk
Factors," "Forward-Looking Statements" and "Management's Discussion and
Analysis of Financial Condition and Results of Operations" in our
registration statement on Form S-11 (Commission File No. 333-166093), as
amended, our annual report filed on Form 10-K and quarterly reports on
Form 10-Q, which are available on the Securities and Exchange
Commission's website at www.sec.gov.
All written or oral forward-looking statements that we make, or that are
attributable to us, are expressly qualified by this cautionary notice.
We expressly disclaim any obligation to update the information in any
public disclosure if any forward-looking statement later turns out to be
inaccurate.
Source: Invesco Mortgage Capital Inc.
Contact: Invesco
Investor Relations Contact:
Donald Ramon, 404-439-3228
or
Media Relations Contact:
Bill Hensel, 404-479-2886