Annaly Capital Management Announces Pricing
of Public Offering of Common Stock
July 14, 2010 09:14 AM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Annaly Capital Management, Inc. (NYSE: NLY) today
announced the pricing of an underwritten public offering of 60 million shares of its common stock for expected gross
proceeds of approximately $1.1 billion before expenses.
Annaly has also granted the underwriters a thirty-day option to purchase up to an additional 9,000,000 shares of
common stock solely to cover overallotments. Annaly expects to use the proceeds of this offering to purchase
mortgage-backed securities for its investment portfolio and for general corporate purposes, which may include
additional investments and repayment of short-term indebtedness.
Credit Suisse Securities (USA) LLC is acting as the lead book-running manager for the offering. Barclays Capital
Inc., Deutsche Bank Securities Inc. and RCap Securities, Inc. are acting as book-running managers.
Annaly has filed a shelf registration statement and prospectus with the Securities and Exchange Commission (SEC),
and will file a prospectus supplement for the offering to which this communication relates. Before you invest, you
should read the prospectus supplement and the accompanying prospectus and other documents Annaly has filed with
the SEC for more complete information about Annaly and this offering. You may obtain these documents for free by
visiting EDGAR on the SEC Web site at http://www.sec.gov. Alternatively, Annaly, the underwriters or any dealer
participating in the offering will arrange to send you the prospectus supplement and accompanying prospectus if you
request them by contacting:
Credit Suisse Securities (USA) LLC
Attn: Prospectus Dept.
One Madison Ave.
New York, NY 10010
Telephone: (800) 221-1037
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: (888) 603-5847 or by emailing firstname.lastname@example.org