-=Annaly Capital Mgmt (NLY) to make public offering of 75 mln shares of common stock

Annaly Capital Mgmt to make public offering of 75 mln shares of common stock
Annaly intends to use the net proceeds of this offering to acquire targeted assets under the Company's capital allocation policy, which may include further diversification of its investments in Agency assets as well as residential, commercial and corporate credit assets.

Annaly Capital Mgmt (NLY) prices 65 mln common stock offering

• Div/yield 0.30/9.90

  

Annaly Capital Mgmt to offer 65 mln shares of its common stock
Annaly intends to use the net proceeds of this offering to acquire targeted assets under the Company's capital allocation policy, which may include further diversification of its investments in Agency assets as well as residential, commercial and corporate credit assets.

NLY — is it a buy?

• Aug. 10:   Is NLY a buy?

• The followinng 6 weeks:

NLY — is it a buy?

• 7/24:  #97  Is NLY a buy?

• Next 2 weeks:

NLY — is it a buy?

• 8/25:  #59  Is NLY a buy?

• NO

NLY — is it a buy?

• 12/28/15:   WSJ calls;  Is it a buy?

• NO.  The following weeks: